Attention builders/investors, rare 50'x180' (frontage/depth) - 9000 sqft M-C2 zoned inner city lot(s) 23 & 24. Selling for "LAND VALUE". DO NOT disturb tenants/access the property. M-C2 & C-COR2 commercial zoning to the East and an M-CG zoned 5 plex to the West. M-C2 zoning is one of the highest (multi-residential/medium density) with flexibility to develop 3 to 5 level condo building with City of Calgary approval. See SUPPLEMENTS for Conceptual Drawings of an (11 unit) complex with underground parking with possibility for additional units. Recently renovated bungalow with legalized basement suite (#533) and garage are currently rented/occupied by 3 separate tenants. Existing structures on land to be removed. Option to REDEVELOP NOW or HOLD this turn-key renovated rental property. Located in the COVETED inner city community of Mount Pleasant - close to Confederation Park & amenities of 4th Street & 16th Avenue NW. Quick commute to LRT/SAIT, UofC & Downtown. Community Sportsplex within walking distance. St. Joseph's Elementary/Junior High School across the street.
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Listing information last updated on July 21st, 2019 at 10:45am MDT.