2801-24A Street Sw

Multi-Family Development Land 2801-24A STREET SW CALGARY, ALBERTA LIST PRICE: $1,500,000 ±12,293 sf For Sale MULTI-FAMILY DEVELOPMENT LAND OPPORTUNITY 2801-24A STREET SW, CALGARY, ALBERTA THE OPPORTUNITY Downtown JLL is pleased to present an excellent opportunity to acquire a multi-family redevelopment site located in the inner-city neighborhood of Richmond (the “Property”). The Property is strategically located in the rapidly gentrifying and established inner-city community of Killarney. More specifically, the Property is situated south of 26 Avenue SW, immediately west of 24A Street SW. The Property is also conveniently located in relation to the downtown core. Future residents will enjoy a quick 10 minute commute and will have access to numerous Calgary Transit bus stops within the area. This site is considered an exceptional redevelopment opportunity given the built- out nature of the area. DEVELOPMENT INFORMATION • The Property is zoned Multi-Residential – Contextual Low Profile (M-C1) • According to The City of Calgary Land Use Bylaw, the maximum density is 148 units per hectare 2801 - 24A Street SW, 12 MINS to CROWCHILD TRAIL SW • Based on the current zoning, approximately 17 residential units can be developed Calgary, Alberta Downtown Calgary on the Property PROPERTY SUMMARY 6 MINS to 29 MINS to Calgary Westbrook Mall International Airport PROPERTY LAND Legal COMMUNITY ADDRESS AREA Description Killarney 26 AVE SW 2801 - 24A Street 12,293 SF Plan 56610 SW Block 47; Lots 1 – 4 Wide variety of retail Direct Exposure to in close proximately 26 Ave SW ±12,293 sf Land Use SITE Designation Frontage DEPTH IMPROVEMENTS For Sale M-C1 100’ 125’ 6,393 square foot conventional steel and concrete block Direct Exposure to Bus Routes warehouse Crowchild Trail SW throughout the city MULTI-FAMILY DEVELOPMENT LAND OPPORTUNITY 2801-24A STREET SW, CALGARY, ALBERTA LOCATION HIGHLIGHTS The Property is situated in an exceptional location on 26th Avenue SW and benefits from the convenience of being located between the retail corridors of 17 Avenue SW and 33 Avenue SW. The multitude of amenities located in each of these corridors is within a one kilometer walking radius to the subject site. SHAGANAPPI ROSSCARROCK Bow Trail SW 8 Street SW SCARBORO/SUNALTA WEST SCARBORO 17 Avenue SW WESTBROOK MALL LOWER MOUNT ROYAL GLENDALE BANKVIEW 45 Street SW 37 Street SW 29 Street SW KILLARNEY/GLENGARRY RICHMOND SUBJECT PROPERTY 26 Avenue SW UPPER MOUNT ROYAL SOUTH CALGARY Richmond Road SW Crowchild Trail SW Crowchild Trail 33 Avenue SW GLENBROOK RUTLAND PARK MARDA LOOP ELBOW PARK COMMUNITY PROFILE (3km Radius) ±12,293 sf Total Population 98,846 CURRIE BARRACKS Households 47,651 For Sale Ave. Household Income $147,651 Median Age 36 Owned Dwellings 24,953 Rented Dwellings 22,698 ±12,293 sf For Sale OFFERING PROCESS Jones Lang LaSalle Real Estate Services Inc. (the “Advisor”) has been exclusively retained by the Vendor to seek proposals to acquire the Property. The Property is being offered with a list price of $1,500,000. Prospective purchasers should also be aware that a virtual data room (Box account) is setup to facilitate access to key property-related documents. Please contact either of the undersigned to arrange access to this website. All inquiries regarding the Property should be directed to: JLL CAPITAL MARKETS KEN WESTHAVER RYAN MURPHY jll.ca I 403-456-2233 JLL Capital Markets, Calgary JLL Capital Markets, Calgary Suite 500 - 301 8th Ave SW Land Services & Development Senior Sales Associate Calgary, AB T2P 1C5 Senior Vice President (403) 456-5582 (403) 456-2209 [email protected] [email protected] DISCLAIMER © 2019 Jones Lang LaSalle IP, Inc. All rights reserved. Information set out herein (the “Information”) has not been verified by Jones Lang LaSalle Real Estate Services, Inc., Brokerage and any and all of its real estate agents/staff, and to all other divisions of the company (collectively “JLL”). JLL does not represent, warrant or guarantee the accuracy, correctness and complete ness of the Information. Given the limitations of the investigations, inquiries and verification that JLL have undertaken, the reliability of this Information must be treated with a suitable degree of caution and neither JLL or any of their affiliates accept any liability or responsibility for the accuracy or completeness of the information contained herein and no reliance should be placed on the information contained in this document. JLL does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from JLL..

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