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$5,299,000
Alberta,Calgary
For Sale Active
526 16 Avenue NW, Calgary, Alberta T2M0J4
  • 11,000 Sqft
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Basic Details
Description

Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with

a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.) (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: A2273010
  • Price: $5,299,000
  • Square Footage: 11,000 Sqft
  • Year Built: 1963
  • Status: Active
  • Property Sub Type: Business
  • Office Key: 295653
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
Address Map
  • Location: CA, Alberta, Calgary, Mount Pleasant, T2M0J4
  • Street: 16
  • Street Number: 526
  • Street Suffix: Avenue
  • Longitude: W115° 55' 37.3''
  • Latitude: N51° 4' 2''
  • Street Dir Suffix: Northwest
Additional Information
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: 2068.00
Financial
  • Tax Annual Amount: 66140
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Listing updated: 2025-12-16 05:57:02
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Listing Information
  • List Agent Key: 2024060
  • List Office Key: 295653
  • Modification Timestamp: 2025-11-29T06:40:41Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2025-11-29T06:27:11Z
Powered by REALTOR.ca
Listing updated: 2025-12-16 05:57:03
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