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Mike MacLean

Call Direct 403-616-6801

Top selling RE/MAX Office 1999 to 2015



 
Data Last Updated May 12, 2025, 5:33 am

 
Courtesy of CIR Realty

Downtown Commercial Core
No Floor Plan Available
$2,290,000
MLS® #:  A2132919
Address:  402 8 Street
Days On Website:  ACCESS Days on Website

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Descriptions:

A rare opportunity to own a slice of land in the heart of Downtown Calgary and strategically invest directly in the path of development. 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 and 8th Street Revitalization projects spearheaded by the City of Calgary. The prominent corner lot comes with two points of access, 10 on-site parking stalls and is currently home to a 1,530 restaurant. 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. Something special awaits only those bold enough to explore new frontiers.

Status: Active
Includes: To be determined during due diligence
Legal Description:
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Location & Listing Info:
Zoning: CR20-C20/R20
Neighbourhood: Downtown Commercial Core
Lot Size: 0.14 sq.ft.
Zone: Zone CC
County: Calgary
Property Info:
Property Type: Retail
Year Built: 1928
Brokerage: CIR Realty
Exterior:
Frontage: 15.24M 50`0"
Financial & Possession:
Tax: ACCESS Taxes
Possession: ACCESS Possession
Occupancy: ACCESS Occupancy
Seller's Rights Reserved: ACCESS Seller's Rights Reserved
Rooms:
Ensuite: No
Garage: 0
Additional Info:
Fireplace Details: For Sale
Restrictions: Contact for Restrictions
Restrictions: None Known
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For viewing call 403-616-6801
Contact Mike MacLean -
Suite 202 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
Mike MacLean, Real Estate Professionals Inc
Suite 202 5403 Crowchild Trail NW, Calgary, Alberta T3B 4Z1
Tel: 403-616-6801 Fax: 403-592-7738
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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