402 8 Street Southwest. Calgary, Alberta T1A 5R7

$2,290,000

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Justin Havre Real Estate Team Justin Havre Real Estate Team Real Estate Advisor - Team Leader Questions? Call: 1-403-217-0003

Justin Havre Real Estate Team Justin Havre Real Estate Team Real Estate Advisor - Team Leader

Description

This is an ideal opportunity for a restaurant owner/user looking to purchase a retail building with land, and the Seller is willing to help finance a purchase with a 10% VTB. Currently home to a 1,530 restaurant, with 10 on-site parking stalls, on a prominent corner with two points of access. The building sits on land in the heart of Downtown Calgary in the path of development. Check out the city's plan to revitalize 8th Street and be part of a future high street. This 50' x 123' site is ideally situated within the commercial core mere steps from the Bow River Pathway network and right in the middle of the highly anticipated Eau Claire Plaza Development. An attractive destination for foot traffic, C-Train users, and vehicle access alike, with high visibility for marketing and 6,153 sf of unlimited potential. The CR20-C20/R20 zoning allows for a maximum FAR of 3, however this can be increased up to 20 based on a developer's ability to meet incentives set out by the city. With no maximum building height allowance, envision yourself creating the next memorable high-rise amongst our iconic skyline. You won't find a more perfect holding property than this.

Welcome to the vibrant Downtown Commercial Core community, located in Calgary, T1A 5R7

Interested in learning more about homes for sale in Downtown Commercial Core? Read more information about MLS Number #A2208696 here! 402 8 Street Southwest was built in 1928. It also has an average square footage of 688 SqFt, and an average year built of 2000 in Calgary.

Do you want to learn more about MLS Number #A2208696? Justin Havre Real Estate Team is the top real estate seller and buyer in Calgary, Alberta. Our REALTORS® are among the best in Calgary, and we are committed to providing an outstanding service to our clients. Contact Justin Havre Real Estate Team at 403-217-0003 and one of our agents will get back to you ASAP!

402 8 Street Southwest - Subdivision Statistics

Avg. asking price $651,542
Price per sq. ft. $946
Median price $348,950
Number of homes for sale in Downtown Commercial Core 40
Number of homes for sale in Calgary 7265
Avg. Days on Market 95

Essential Information

Amenities

  • Parking Spaces10

Additional Information

  • ZoningCR20-C20

Community Information

Exterior

Listing Details

  • Listing OfficeCIR Realty

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Request a showing of 402 8 Street Southwest, a 0 bedroom, 0.00 bathroom Retail in Downtown Commercial Core, Calgary. Built in 1928 and approximately 0 square feet in size, MLS #A2208696 is currently listed for $2,290,000. To schedule a property tour, contact us at Justin Havre Real Estate Team.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.