1040 5 Ave SW
1040 5 Avenue Southwest, Calgary, AB T2P, Canada

$1,590,000· Commercial (Sold)
High Exposure Development Opportunity

South-west corner property offers incredible development opportunity.  High visibility location overlooking Bow River with mountain views. Existing 1737 sq ft renovated character building would make an ideal owner-user office space or sales centre. Great exposure with two-way daily traffic of over 10,000 average vehicles.  Six on-site parking stalls and potential additional parking adjacent. Phase-1 environmental and appraisal (2010) available. Zoning allows FAR 7.0 excellent holding property.

BUILDING
◦ 1½ storey Arts & Crafts style
◦ 2737 sf gross
◦ Completely renovated in 2000 including new windows, electrical and mechanical
◦ Rear parking lot with 6 stalls

THE PROPERTY
◦ 1040 5 Avenue SW
◦ 50’x130’ = 6,500 sq ft land
◦ 1737 sq ft Renovated character office space (2737 sq ft gross)

DEVELOPMENT
◦ Zoned DC-47Z92 (West End DC)
◦ FAR 7.0
◦ Clean Phase 1 ESA completed

Features

Additional details

  • Basement: Full, unfinished
  • Building Type: Detached
  • Garage: None
  • Style: 1.5 Storey
  • Year Built: 1910

Location

1040 5 Avenue Southwest, Calgary, AB T2P, Canada

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