$5,299,000.00 11,000 Sq.ft

526 16 Avenue NW, Calgary. T2M 0J4

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.)

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2273010
City:Calgary
Neighbourhood:Mount Pleasant
Province:Alberta
Building/Unit Size: 11,000 sq.ft
Land Size:0.51 Acre
Listing Price:$5,299,000.00
Lease Rate: $0.00
Business Type: Retail Retail
Property Subtype:Retail
Transaction Type:For Sale
Land Use Code:C-COR1 f4.0h24
Listing Contract Date:2025-11-27

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "TrustPro Realty" listing brokerage.

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