Click brochure link for more details. Prime future development site! Four year sale-leaseback offering exceptional holding income/yield 1231 10th Avenue SW is a 22,770 square foot future mixed-use redevelopment site located in the west end of Calgary’s popular Beltline District. The property’s high-profile location offers excellent access to the Downtown Core while enjoying the numerous dining, shopping, recreation, and entertainment offerings of an inner-city location.
The site is zoned for high-density mixed-use development allowing for a maximum density of 8 times site area. The existing 9,975 square foot retail building is fully leased to Vistek Camera Store. The Vendor is willing to offer a sale leaseback to include a four year term at a lease rate of $16.00 per square foot.
The area immediately surrounding the Property has seen a number of recent and successful multi-residential developments providing a strong business model for future redevelopment of the Property and the strengthening demand for West Beltline development opportunities.”
The site is zoned for high-density mixed-use development allowing for a maximum density of 8 times site area. The existing 9,975 square foot retail building is fully leased to Vistek Camera Store. The Vendor is willing to offer a sale leaseback to include a four year term at a lease rate of $16.00 per square foot.
The area immediately surrounding the Property has seen a number of recent and successful multi-residential developments providing a strong business model for future redevelopment of the Property and the strengthening demand for West Beltline development opportunities.”
Property Details
Price:
$5,500,000
MLS #:
A2205113
Status:
Active
Baths:
0
Address:
1231 10 Avenue SW
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Beltline
City:
Calgary
Listed Date:
Mar 30, 2025
Province:
AB
Postal Code:
303
Lot Size:
22,765 sqft / 0.52 acres (approx)
Year Built:
1900
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- Address1231 10 Avenue SW Calgary AB
- SubdivisionBeltline
- CityCalgary
- CountyCalgary
- Zip CodeT3C 0J3
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