2620 CENTRE Street NE

Land For Sale in Tuxedo Park, Calgary CC

Attention Builders and Investors!! Tremendous opportunity to purchase 3 consolidated lots at the corner of 26 Avenue NE on the Centre Street, where a future Green Line LRT station will be built. The location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). These lands have a huge potential to be developed into various commercial units on the main level with five levels of a high-end condo. It is only a 5-minute drive from/to downtown. City File NumberLOC2018-0039At present, there is a house on one of the lots (at the south side) renting for $1700 per month (land value only). With a total land size of 11,000 sq ft, land use MU-2 f3.7h26 commercial and residential mixed-use with a maximum floor area ratio of 40,700 Square feet, based on a building floor to parcel area ratio (FAR) of 3.7 and a maximum building height of 26 meters.
Address 2620 CENTRE Street NE
List Price $2,600,000
Property Type Land
Type of Dwelling Land
Area Calgary CC
Sub-Area Tuxedo Park
Lot Size 11086 Sq. Ft.
MLS® Number C4226732
Listing Brokerage WEXCEL
Postal Code T2E 2V4
Zoning MU-2 f3.0h20
Site Influences Level, Rectangular Lot

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