Main Photo: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 1: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 2: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 3: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 4: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 5: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 6: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 7: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 8: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 9: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 10: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 11: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Photo 12: 5702 - 5716 2 Street SW in Calgary: Manchester Commercial Land for sale : MLS®# A2164096
Status:
Active
Prop. Type:
Land
MLS® Num:
A2164096
A prime land assembly is available in Manchester, Calgary, offering exceptional potential for high-density mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately 25,000 square feet and is zoned DC-1 with Permitted Uses of MU-1 (MU-1f8h75), allowing for a wide range of commercial and residential uses (Proposed Plans for 146 Units, permitted). With a FAR of 5.0, which can be expanded to 8.0, developers have the flexibility to create a dynamic project that caters to the growing demand for housing and commercial space in this thriving community. The property's strategic location, combined with the favorable zoning and development potential, presents a unique opportunity for investors and developers seeking to capitalize on Manchester's rapid growth and vibrant lifestyle. The land assembly includes a diverse mix of existing properties, including a 4plex, duplex, single-family home with a basement suite, and a single-family home. This provides a solid foundation for redevelopment and offers potential rental income during the planning and construction phases. Manchester, a mature and established neighborhood, has experienced significant population growth in recent years, driven by its proximity to major amenities, transportation options, and the area's overall appeal. The demand for housing and commercial space in Manchester continues to outpace the city average, making this land assembly a highly desirable investment opportunity. Land Assembly is currently bringing in $120,540 Annual Gross Income.
Property Type:
Land
Property Sub Type:
Commercial Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Lot Area:
25,000 sq. ft.
Lot Frontage:
200'
Bathrooms:
- (Full:-, Half:-)
Plan:
5454AC
Ensuite:
No
Garage:
0
Manchester
Fridge, Stove, washer/dryer
None Known
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
DC
Listed Date:
Sep 09, 2024
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Listed by CIR Realty
Data was last updated October 5, 2024 at 06:05 AM (UTC)
Area Statistics
Listings on market:
103
Avg list price:
$1,289,000
Min list price:
$210,000
Max list price:
$35,000,000
Avg days on market:
81
Min days on market:
2
Max days on market:
2,622
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.