Description

Commercial land sale. MU-2 f4.0h34 Property 6,986+/- SQ FT lot, new land use zoning will allow for floor area of twice the site coverage ratio to almost 14,000 SQ FT to maximum ht of 23 meters. Location is just minutes to downtown, near the corner of 4th Street NE and Memorial Drive NE. Excellent investment potential to construct a multifamily building. Property is leased to current tenant until February 2025 providing buyers a window for planning and acquiring necessary permits for construction. Ask your Realtor for the link to Calgary Land Use Bylaw for permitted uses.

Listing Provided By

RE/MAX Real Estate (Mountain View)

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