info@settlersrealty.ca
CONTACT
$5,299,000
 
11000 Sq.Ft.
526 16 Avenue NW, Mount Pleasant, Calgary, Alberta, T2M0J4
MLS® Number: A2273010

Business for Sale in Avenue NW Mount Pleasant Calgary

Property Information

Investor & Developer Alert! An exceptional commercial redevelopment opportunity in one of Calgary’s most strategic and high-exposure corridors. This 0.51-acre property features a 10,000+ sq ft commercial building and is ideally positioned along the TransCanada Highway, offering outstanding visibility and convenient access to major destinations including downtown, YYC Airport, Deerfoot Trail, SAIT, and the University of Calgary. Zoned C-COR1, with a generous 4.0 FAR and a permitted 37m building height under the North Hill Community Area Plan, this site presents significant potential for large-scale mixed-use development, including residential units, commercial retail, a vibrant strip mall, professional services, or medical-related uses. The existing building is a strong income producer, generating approximately $240,000 in effective gross income annually with a $100,000 NOI, making it an ideal holding property while planning your redevelopment. The lot offers ample on-site parking, high traffic exposure, and a prime location that supports long-term value. This is a rare chance to secure a high-potential redevelopment site in a central, rapidly evolving Calgary corridor. Don’t miss this exceptional opportunity! (Conceptual drawings are for illustrative purposes only.) (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

Mount Pleasant

Title

 

Land Size
11000Sq.Ft.
Built in
1963
Annual Property Taxes
$66140
Parking Type
Published
27 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
11000.00Sq.Ft.
Total Finished Area
11000.00Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Forced air, Natural gas
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Total Parking Spaces
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
Have a question or just want to learn a bit more about the property? That's what I'm here for! Would you like me to send you more information.
Yes, send me more info
Buying
• MacEwan Glen Homes for Sale: Finding Your Ideal Northwest Calgary Home • Explore Sherwood Calgary’s High-End Homes in 2024 • Luxury Living in Sage Hill: Exploring High-End Real Estate Options • Hanson Ranch Calgary's Premier Destination for Luxury Living in 2024 • Luxury Homes in Sandstone Valley: Experience Elevated Calgary Living • Exploring the Best Family Homes in Brentwood Calgary • Hidden Gems: Explore the Best Properties in Citadel, Calgary • Experience Elevated Living: Exploring Ranchlands’ Most Exclusive Homes • Find Your Forever Home in Nolan Hill: The Latest Property Listings • Experience Elevated Living: The Best Luxurious Homes in Evanston, Calgary • Panorama Hills Duplex Living: Spacious Designs, Prime Location • Family-Friendly Living: Real Estate Opportunities in Edgemont, Calgary • Why Millrise is Calgary’s New Hotspot for Luxury Property Buyers? • Luxury Living in Oakridge: Explore the Best Homes for Sale • Discover Luxury Living: Exclusive Real Estate Opportunities in Patterson, Calgary • Investment Opportunities in 2024: Homes for Sale in Discovery Ridge, Calgary • Braeside's Most Luxurious Properties: Your Dream Home Awaits • Elevate Your Lifestyle: Luxurious Real Estate Opportunities in Kingsland, Calgary • Living Lavishly: Inside Elboya's Most Prestigious Properties • Investing in Single-Family Homes: Eau Claire, Calgary’s Best Opportunities
STAY UPDATED WITH THE LATEST TRENDS
Latest Blog
Why Calgary Stands Out as Canada’s Most Livable City
September 11, 2025
Why Calgary Stands Out as Canada’s Most Livable City
When it comes to quality of life, Calgary consistently earns recognition as one of Canada’s most livable cities. Known for its breathtaking landscapes, thriving economy, and vibrant culture, Calgary has become an attractive destination for both residents and newcomers.
Why West Calgary is the Perfect Place to Call Home
September 02, 2025
Why West Calgary is the Perfect Place to Call Home
If you’re considering a move within Calgary, West Calgary should be high on your list. Known for its stunning views, vibrant communities, and easy access to both nature and the downtown core, West Calgary offers the best of both worlds for families, professionals, and retirees alike. Here are some compelling reasons why West Calgary is a top choice for many residents.
Buying or Selling a Townhouse in Calgary: Everything You Need to Know
August 26, 2025
Buying or Selling a Townhouse in Calgary: Everything You Need to Know
The Calgary real estate market has seen steady growth, making townhouses one of the most popular property types for both first-time buyers and seasoned investors. Whether you’re planning to buy your first home or sell your current property, understanding the townhouse market in Calgary is key to making smart decisions.
By using our site, you agree to our Terms of use and Privacy Policy     Dismiss