206 19 Street NW Calgary AB T2K2H7 MLS #A2116257

Developers &#38' Investors take note. Finally a land assembly in one of Calgary’s most sought after communities of West Hillhurst that provides an opportunity to develop a beautiful 5-6 storey Mixed-Use project similar to the one 2 doors down called Hillhurst 19 + 2. With the 3 combined lots of over 18200 sq. ft. of MU-1 zoned property, with a 3.3 FAR and 19 meters for height, this would allow for over 60000 sq. ft. buildable space. Directly next door has an approved Mixed-Use building with Retail, Studio, Gym &#38' Office. There is however also a possibility of purchasing the vacant lot next door to add an additional approx. 6074 sq. ft. of land &#38' an additional 20000+ buildable sq. ft. 19th street is already an incredibly sought after commercial corridor and this assembly is essentially the last chance at developing a new Mixed-Use project. With great restaurants, coffee shops, a Pharmacy, daycare, liquor Store, upcoming bakery, hair salons &#38' line ups down the block for Made by Marcus ice cream, this street already has nearly everything you might need. Less than a block away, there is an incredible new 8 storey Mixed-Use building from award winning Truman Homes currently under construction. What the area has always needed, was a Supermarket. That need is soon to be fulfilled with this great new project, along with multiple additional Retail &#38' Consumer spaces totalling close to 23000 sq. ft., plus 266 Residential condos, that were all SOLD OUT prior to the beginning of construction. Check out the details for the Frontier building on the Truman site to see more details about the building &#38' how it will make the community even better.Lots of great things are planned for 19th street while the community works through the Riley Communities Local Area Redevelopment Planning that is well under way. All this in a location with Kensington Road at the end of the block, close to 10th street, local transit, a few minutes to downtown, bike paths, the Bow River paths nearby, local schools, an outdoor swimming pool &#38' the West Hillhurst CA. The assembly includes 3 houses in total at 206, 210 &#38' 214 19 St. NW &#38' are each sold separately. Total offered price at 4.2 million. There are illegal basement suites in 206 &#38' 214. All are currently rented &#38' the tenants would love to stay longer while building plans are put into place. Homes are all very livable, but are sold as-is, as the true value of these properties, is with the future redevelopment.Assemblies like this are extremely hard to find, so reach out today to your favourite agent today before this opportunity passes you buy.