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Calgary Homes for sale under $800,000|Under $800KManchester
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102 58 Avenue SW
Manchester Calgary T2H 0A2

$4,900,000
Land

Aerial 102 58 Ave & 5724 1 St SW
Photo 1: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
Photo 2: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
Photo 3: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
Photo 4: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
Photo 5: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
Photo 6: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
Status:
Active
Prop. Type:
Land
MLS® Num:
A2104001
Prime multi-residential and mixed use redevelopment site in central Calgary with close proximity to Chinook Mall and Chinook LRT Station! Chinook Mall is western Canada's premier shopping and entertainment destination with over 250 stores. Within a short walk are numerous financial institutions and primary retailers including CIBC, BOM, Home Depot, Marks, Staples and Community Natural Foods. Chinook LRT Station is less than a 10 min walk and being within 600m allows for higher density and reduced parking in a TOD development area. The site is located along 58 Avenue with the area transitioning from low density older industrial buildings into higher density commercial developments evidenced by the new Chinook 58 multi-building retail complex at 2 Street SE. Typical weekday traffic counts are 24,000 vehicles (2019) along 58 Avenue SW and another 18,000 vehicles (2019) along Centre Street South important for retail type developments. With the City actively encouraging higher housing density the highest and best use is rezoning for a multi-residential development with retail on the main floor. A nearby commercial property on 59 Ave SW was recently redesignated from C-Cor3 to M-H2 f5.5 h60. Also review City of Calgary Railway Corridor Policy Plan to verify that a setback from the freight line should not be applicable. Land assembly is two contiguous parcels 102 58 Ave SW - 0.87 acres and 5724 1 St SW - 0.71 acres. Current shop building approx. 3100 sq ft and temporary structures included "as is". Seller discloses environmental impacts and reports are available upon execution of a confidentiality agreement. An exceptional holding property for approved automotive users with existing leases in place. This is a strong growth area with superior upside potential!
Property Type:
Land
Property Sub Type:
Commercial Land
Transaction Type:
For Sale
Lot Area:
1.58 acre(s)
Lot Details:
See Documents
Bathrooms:
- (Full:-, Half:-)
Plan:
2395GA
Ensuite:
No
Garage:
0
Manchester
N/A
Surface Right of Way, Utility Right Of Way
Title to Land:
Fee Simple
Num. of Parcels:
1
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
C-Cor3; I-G
Listed Date:
Feb 03, 2024
  • Photo 1: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    Aerial 102 58 Ave & 5724 1 St SW
  • Photo 2: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    Aerial 102 58 Av SW
  • Photo 3: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    Aerial 5724 1 St SW
  • Photo 4: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    Site Plan 102 58 Av & 5724 1 St
  • Photo 5: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    Aerial labelled
  • Photo 6: 102 58 Avenue SW in Calgary: Manchester Commercial Land for sale : MLS®# A2104001
    600 metres of Chinook LRT Stn
Larger map options:
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Listed by RE/MAX Alpine Realty and NON BOARD BROKER
Data was last updated June 30, 2024 at 04:05 AM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$1,499,197
Min list price:
$149,900
Max list price:
$35,000,000
Avg days on market:
82
Min days on market:
1
Max days on market:
2,524
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
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DIANE RICHARDSON
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.
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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.