$5,299,000
FOR SALE

Business for Sale

Retail & Offices

Lot: 60.96 x 36.54 m

526 16 Avenue Nw
Calgary, AB T2M 0J4

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:47421)
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Listed By TrustPro Realty
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2273010
Last Updated Feb 26, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Retail & Offices
Franchise Non-Franchise
Community Mount Pleasant
Price History

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Detailed Information
Lot 60.96 x 36.54 m
Listing Contract Date 2025-11-27
Municipal ID 0037493658
Plan 2934O
Property Type Business
Transaction Type For sale
Zoning Description C-COR1 f4.0h24
Business
Business Type Retail and Wholesale
Business Subtype Retail & offices
Building
Constructed Date 1963
Heating Fuel Natural gas
Heating Type Forced air
Size (Exterior) 11000 square feet
Total Finished Area 11000 sqft
Type Retail
Land
Total Size 2068 square meters
Size of Irregular Land 2068.00

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