Calgary Real Estate Agency
5712 - 5716 2 Street Sw Calgary, Alberta T2H 1Y6
$1,750,000
A prime land assembly is available in Manchester, Calgary, offering exceptional potential for mixed-use development. Situated near the bustling intersection of Macleod Trail and 55 Avenue SW, the property spans approximately +/- 12,500 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. 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 full duplex (separate titles), and single-family. 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. This is part of a larger land assembly, see listing A2164096 for more information. (id:41531)
Property Details
| MLS® Number | A2164720 |
| Property Type | Vacant Land |
| Community Name | Manchester |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Plan | 5454ac |
Building
| Age | Age Is Unknown |
| Fireplace Present | No |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 38.1 M |
| Size Frontage | 30.48 M |
| Size Irregular | 12507.66 |
| Size Total | 12507.66 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text | 12507.66 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | Dc (mu-1) |
https://www.realtor.ca/real-estate/27399512/5712-5716-2-street-sw-calgary-manchester
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Calgary Real Estate Board
Cir Realty
September 11 2024 05:42:52
