402 8 Street SW
Downtown Commercial Core Calgary T1A 5R7

$2,290,000
Commercial

Main Photo: 402 8 Street SW, Calgary
Photo 1: 402 8 Street SW, Calgary
Photo 2: 402 8 Street SW, Calgary
Photo 3: 402 8 Street SW, Calgary
Photo 4: 402 8 Street SW, Calgary
Photo 5: 402 8 Street SW, Calgary
Photo 6: 402 8 Street SW, Calgary
Photo 7: 402 8 Street SW, Calgary
Photo 8: 402 8 Street SW, Calgary
Photo 9: 402 8 Street SW, Calgary
Photo 10: 402 8 Street SW, Calgary
Photo 11: 402 8 Street SW, Calgary
Photo 12: 402 8 Street SW, Calgary
Photo 13: 402 8 Street SW, Calgary
Photo 14: 402 8 Street SW, Calgary
Photo 15: 402 8 Street SW, Calgary
Photo 16: 402 8 Street SW, Calgary
Photo 17: 402 8 Street SW, Calgary
Photo 18: 402 8 Street SW, Calgary
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2132919
A rare opportunity to own a slice of land in the heart of Downtown Calgary and strategically invest directly in the path of development. This 50' x 123' site is ideally situated within the commercial core mere steps from the Bow River Pathway network and right in the middle of the highly anticipated Eau Claire Plaza Development and 8th Street Revitalization projects spearheaded by the City of Calgary. The prominent corner lot comes with two points of access, 10 on-site parking stalls and is currently home to a 1,530 restaurant. An attractive destination for foot traffic, C-Train users, and vehicle access alike, with high visibility for marketing and 6,153 sf of unlimited potential. The CR20-C20/R20 zoning allows for a maximum FAR of 3, however this can be increased up to 20 based on a developer's ability to meet incentives set out by the city. With no maximum building height allowance, envision yourself creating the next memorable high-rise amongst our iconic skyline. You won't find a more perfect holding property than this. Something special awaits only those bold enough to explore new frontiers.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Negotiable
Total Building Area:
1,530 sq. ft.
Taxes:
$35,319 / 2023
Tax Assessed Value:
1600000.0
Lot Area:
6,157 sq. ft.
Lot Frontage:
50'
Year built:
1928 (Age: 96)
Bathrooms:
- (Full:-, Half:-)
Plan:
A1
Structure Type:
Retail
Ensuite:
No
Garage:
0
Downtown Commercial Core
To be determined during due diligence
None Known
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CR20-C20/R20
Listed Date:
Nov 07, 2024
Days on Mkt:
30
  • Photo 1: 402 8 Street SW, Calgary
    Photo 1 of 18
  • Photo 2: 402 8 Street SW, Calgary
    Photo 2 of 18
  • Photo 3: 402 8 Street SW, Calgary
    Photo 3 of 18
  • Photo 4: 402 8 Street SW, Calgary
    Photo 4 of 18
  • Photo 5: 402 8 Street SW, Calgary
    Photo 5 of 18
  • Photo 6: 402 8 Street SW, Calgary
    Photo 6 of 18
  • Photo 7: 402 8 Street SW, Calgary
    Photo 7 of 18
  • Photo 8: 402 8 Street SW, Calgary
    Photo 8 of 18
  • Photo 9: 402 8 Street SW, Calgary
    Photo 9 of 18
  • Photo 10: 402 8 Street SW, Calgary
    Photo 10 of 18
  • Photo 11: 402 8 Street SW, Calgary
    Photo 11 of 18
  • Photo 12: 402 8 Street SW, Calgary
    Photo 12 of 18
  • Photo 13: 402 8 Street SW, Calgary
    Photo 13 of 18
  • Photo 14: 402 8 Street SW, Calgary
    Eau Claire Development Plan Renderings
  • Photo 15: 402 8 Street SW, Calgary
    Eau Claire Development Plan Renderings
  • Photo 16: 402 8 Street SW, Calgary
    Eau Claire Development Plan Renderings
  • Photo 17: 402 8 Street SW, Calgary
    Eau Claire Development Plan Renderings
  • Photo 18: 402 8 Street SW, Calgary
    Eau Claire Development Plan Outline
Listed by CIR Realty
Data was last updated December 7, 2024 at 06:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.