RARE opportunity for your next major development, this 350x120 (7 Premisses in a row) MC-1 lot in Capitol Hill.
42,000 sq/f with a FAR of 2.4 (100,800 sq/ft buildable).
Allowed to build up to 14 Meters from grade at a distance greater than 3 meters from that shared property line. The buildable SQ/F can be at the builder's discretion depending on the use they choose to.
Alternative Option for to build Assisted living, DP approved for 83,000 sq/f +/- buildable, approved for 118 units +/-, if the buyer chooses that venture, builder is able to increase the BUILDABLE sq/f.
There has been a Sanitary study done and can handle up to 150 units if the DP is revised (for assisted living).
There's rental income from the existing premises as they're all rented out.
This property 1804 - 1828 17 STREET NW Avenue NW, Calgary, Alberta, T2N 0S2 - MLS® C4286210
in the community of Capitol Hill is a
Commercial, 0 bedrooms, 0 bathrooms, approximately
42,000 Sq. Ft. property listed active for $5,600,000. Researchreal estate statistics,
open houses, foreclosures, just listed,
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Capitol Hill community
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