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Best regards, Diane Richardson

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102 58 Avenue SW
Manchester Calgary T2H 0A2

$4,410,000
Land

Aerial 102 58 Ave & 5724 1 St SW
Photo 1: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
Photo 2: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
Photo 3: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
Photo 4: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
Photo 5: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
Photo 6: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
Status:
Active
Prop. Type:
Land
MLS® Num:
A2153210
Prime multi-residential and mixed use redevelopment site in central Calgary with close proximity to Chinook Mall and Chinook LRT Station! Chinook Mall is western Canada's premier shopping and entertainment destination with over 250 stores. Numerous financial institutions are within a short walk and primary retailers including CIBC, BOM, Home Depot, Marks, Staples and Community Natural Foods. Chinook LRT Station is less than a 10 min walk and being within 600m allows for higher density and reduced parking in a TOD development area. The site is located along 58 Avenue with the area transitioning from low density older industrial buildings into higher density commercial developments evidenced by the new Chinook 58 multi-building retail complex at 2 Street SE. Typical weekday traffic counts are 24,000 vehicles (2019) along 58 Avenue SW and another 18,000 vehicles (2019) along Centre Street South supportive of retail type developments. With the City actively encouraging higher housing density the highest and best use is rezoning for a multi-residential development with retail on the main floor. A nearby commercial property on 59 Ave SW was recently redesignated from C-Cor3 to M-H2 f5.5 h60. An exceptional holding property for approved automotive users with existing leases in place. The property consists of two contiguous parcels 102 58 Ave SW - 0.87 acres and 5724 1 St SW - 0.71 acres. A strong growth area with superior upside potential!
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
1.58 acre(s)
Lot Details:
See Documents
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Plan:
2395GA
Ensuite:
No
Garage:
0
Manchester
Existing shop building and temporary structure "as is"
Surface Right of Way, Utility Right Of Way
Title to Land:
Fee Simple
Lot Features:
Near Shopping Center, Near Public Transit
Access To Property:
Front and Rear Drive access
Num. of Parcels:
1
Outbuildings:
Shed, Shop
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
C-Cor3; I-G
Listed Date:
Jul 29, 2024
Days on Mkt:
  • Photo 1: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
    Aerial 102 58 Ave & 5724 1 St SW
  • Photo 2: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
    Aerial 102 58 Av SW
  • Photo 3: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
    Aerial 5724 1 St SW
  • Photo 4: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
    Site Plan 102 58 Av & 5724 1 St
  • Photo 5: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
    Aerial labelled
  • Photo 6: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2153210
    600 metres of Chinook LRT Stn
Listed by LB Hubbard Realty Group
Data was last updated November 14, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
99
Avg list price:
$1,289,000
Min list price:
$149,900
Max list price:
$16,757,850
Avg days on market:
113
Min days on market:
1
Max days on market:
2,662
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706