$1,250,000 1,913 Sq.ft

314 15 AV SW,Calgary. T2R 0P8

Description

**Please note - 314 and 316 15th Ave SW marketed & sold together **Total asking price $2,500,000 **includes 10,500 sq. ft. **Mixed Use Residential Development Site. **Potential for land assembly including motivated neighbours with adjoining lots up to a total of +/- 28,000 sq ft. **10,516.30 sq. ft. site with GFA of 5, may be increased in accordance with the bonus provisions **Located just south of Calgary’s downtown core **Level, rectangular site **Existing cash flow exists from two existing properties (6 Suites) on the site, while you develop **314 consists of 4 suites, 3 x 1 bedroom, 1 x 2 bedroom, all with in suite laundries= $37,000 gross rent per year **316 consists of 2 suites, 4 bedrooms, 3 x bathrooms, 2 x kitchens, 3 x laundries. Currently occupied by the owner with a potential for another $25,000 gross rent per year. **8 existing parking stalls with potential revenue of $150 per month per stall. **New roofs in 2016 **New hot water tanks **Separately metered utilities to all suites

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4220715
City:Calgary
Neighbourhood:Beltline
Province:Alberta
Building/Unit Size: 1,913 sq.ft
Lot Size:653 sq.ft
Land Size:0 Acre
Listing Price:$1,250,000
Listing Price Arce:$0 per Acre
Lease Rate:$0 per sq.ft
Business Type:
Property Type:Commercial
Property Subtype:Multi Unit
Transaction Type:For Sale
Land Use Code:CC-MH
Listing Contract Date:2018-12-31

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "ROYAL LEPAGE SOLUTIONS" listing brokerage.

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