526 16 Avenue NW
Calgary, AB, T2M 0J4
$5,299,000
Beds
0 Baths
SqFt
0.51 Acres
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Investor &#38' 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.)

Property Details

Price:
$5,299,000
MLS #:
A2273010
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Retail
Subdivision:
Mount Pleasant
Listed Date:
Nov 29, 2025
Lot Size:
22,259 sqft / 0.51 acres (approx)
Year Built:
1963
Mount Pleasant

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Market Summary

Current real estate data for Commercial in Calgary as of Nov 29, 2025
643
Commercial Listed
150
Avg DOM
$825,165
Avg List Price

Property Summary

    Located in the Mount Pleasant subdivision, 526 16 Avenue NW Calgary AB is a Commercial for sale in Calgary, AB, T2M 0J4. It is listed for $5,299,000 To schedule a showing of MLS#a2273010 at 526 16 Avenue NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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526 16 Avenue NW
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