7,000 ft²Land$1,198,000Sale
7,000 ft²
Land
$1,198,000
Sale
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MU-2 f4.0h34 (Mixed Use-Active Frontage) MU-2 is a new district approved by Council 2017 April 11. It was developed to support growth in key areas like Main Streets. Characterized by street-oriented building design in mid-rise buildings typically between four and six storeys in height requiring a transition to lower scale residential uses on adjacent parcels through building location, building massing and landscaping. Main floor must be commercial uses.
The Property
Asking Price$1,198,000
Available Space7,000 ft²
MLS® IDA2113485
ZoningMU-2 f4.0h34
SourceCalgary
Transit Friendly
The Lot
Commercial land sale. MU-2 f4.0h34 Property 6,986+/- SQ FT lot, new land use zoning will allow for floor area of twice the site coverage ratio to almost 14,000 SQ FT to maximum ht of 23 meters. Location is just minutes to downtown, near the corner of 4th Street NE and Memorial Drive NE. Excellent investment potential to construct a multifamily building. Property is leased to current tenant until February 2025 providing buyers a window for planning and acquiring necessary permits for construction. Ask your Realtor for the link to Calgary Land Use Bylaw for permitted uses.
Property TypeLand
Lot Size0.16 AC
MLS® IDA2113485
ZoningMU-2 f4.0h34
Transit Friendly
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
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