$1,750,000
5712 - 5716 2 Street SW Calgary, AB T2H1Y6
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Nick Penney
info@nickpenney.com
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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Nick Penney
info@nickpenney.com$1,750,000
Est. payment /mo
0.29 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Manchester
MLS® Listing ID A2164720
Originating Board Calgary Real Estate Board
Lot Size 0.287 Acres
Acres 12507.66
Property Description
A prime land assembly is available in Manchester, Calgary, offering exceptional potential for mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately +/- 12,500 square feet and is zoned DC-1 with Permitted Uses of MU-1 (MU-1f8h75), allowing for a wide range of commercial and residential uses. With a FAR of 5.0, which can be expanded to 8.0, developers have the flexibility to create a dynamic project that caters to the growing demand for housing and commercial space in this thriving community. The property's strategic location, combined with the favorable zoning and development potential, presents a unique opportunity for investors and developers seeking to capitalize on Manchester's rapid growth and vibrant lifestyle. The land assembly includes a diverse mix of existing properties, including a full duplex (separate titles), and single-family. This provides a solid foundation for redevelopment and offers potential rental income during the planning and construction phases. Manchester, a mature and established neighborhood, has experienced significant population growth in recent years, driven by its proximity to major amenities, transportation options, and the area's overall appeal. The demand for housing and commercial space in Manchester continues to outpace the city average, making this land assembly a highly desirable investment opportunity. This is part of a larger land assembly, see listing A2164096 for more information. (id:24570)
Location
Province AB
Exterior
Garage No
Fence Fence
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by CIR Realty
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Nick Penney