20 14 Street NW
Calgary, Alberta
MLS® A2348030
$2,850,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2348030
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 8Listing description
Attention builders, developers and investors! A rare inner-city land opportunity in Calgary’s sought-after Hillhurst/Kensington area. 20 14 Street NW offers approximately 12,000 sq.
ft. across four lots, with approximately 100 ft. of frontage on 14 Street NW, 120 ft.
of depth and a 20 ft. rear lane. This prominent C-COR3-zoned site combines existing rental income with future redevelopment potential.
The approximately 2,100 sq. ft. single-storey commercial building is currently tenanted by a restaurant and a liquor store, with 16 surface parking stalls, providing holding income while you plan your next project.
An illustrative concept envisions a six-storey mixed-use building with ground-floor commercial space and residential units above. Buyers may also explore additional height and density through a land-use redesignation, subject to City approval; no increased development entitlement is represented or guaranteed. An opportunity to secure a well-positioned parcel in an established inner-city community for investment or future development.
The concept is not approved, and all redevelopment is subject to applicable planning requirements, approvals and feasibility. Due diligence materials are available to qualified purchasers. Please do not disturb tenants.
Viewings by appointment only. Buyers to independently verify all measurements, zoning and development potential.
Property summary
- MLS® number
- A2348030
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 103.4 square meters
- Annual property taxes
- $46,512.00
- Days on market
- 1 day
What would this home cost you?
Based on the $2,850,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of TREC The Real Estate Company, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.