For Sale

526, 16 Avenue NW, Alberta, Calgary

Beds Bath Sqft

$5,299,000

About Property

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.)

Bedrooms
Bathrooms
sq ft
Garage
Retail
Built 1963
Active
Floor
Interior Details
Outdoor Details
MLS Number
236000954
Price
$5,299,000

Bedrooms
Bathroom

Square Footage
sq ft
Property Type
CRE

Community Name
Features
Forced Air,Natural Gas,

Parking Space Total
Lot Size
Bathroom Total
0
Bedrooms Total

Appliances
Cooling Type

Constructed Date
1963
Heating Type
Forced Air,Natural Gas

Pool
Exterior Finish

Fireplace Present
No
Fireplace Total

Flooring Type
Foundation Type

Half Bath Total
Stories Total

Size Interior
Total Finished Area
Spaces

Details
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

Are You Already Working With Us?

Please submit your email address to get the latest updates

[X]
Do you have questions?
Call or text today, we are here to help!

403.470.3527