Property Details for MLS® # A2208696
402 8 Street, Calgary
Retail Property for Sale
- MLS®#: A2208696
- Price: $2,290,000
- Parking: 10
- Status: Active
- Year Built: 1928
This is an ideal opportunity for a restaurant owner/user looking to purchase a retail building with land, and the Seller is willing to help finance a purchase with a 10% VTB. Currently home to a 1,530 restaurant, with 10 on-site parking stalls, on a prominent corner with two points of access. The building sits on land in the heart of Downtown Calgary in the path of development. Check out the city's plan to revitalize 8th Street and be part of a future high street. 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. 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.
Contact Dan Salloum About MLS® A2208696

Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4
property information
- Property Type: Retail Property
- MLS®#: A2208696
- Year Built: 1928
Community Information
- Address: 402 8 Street
- Neighbourhood: Downtown Commercial Core
- City: Calgary
- Postal Code: T1A 5R7
interior
- Included: To be determined during Due Diligence period
- Fireplace Details: For Sale
exterior
- Frontage: 15.24M 50`0" metres
services & amenities
- Parking: (10 Total Parking Spaces)
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