Introducing a versatile commercial property offering endless possibilities, now available! With over 0.5 acres of land and a spacious 10,000+ sq ft building, this income-producing asset sits prominently along Calgary’s TransCanada Hwy, offering unparalleled visibility. Its strategic location near downtown, the airport, Deerfoot highway, SAIT, and the University of Calgary makes it an ideal candidate for redevelopment into either a cutting-edge medical clinic or a vibrant strip mall.
Zoned for C-cor 2 and boasting a 5.0 FAR, with a maximum height of 37 meters, this property provides ample room for expansion and innovation. Priced attractively at approximately $52.00 per buildable square foot, it presents an enticing investment opportunity. With an effective gross income of $230,000 annually and a NOI of $100,000 annually, developers and investors will find this property highly appealing.
Whether envisioning a state-of-the-art medical facility catering to the community’s healthcare needs or a dynamic strip mall bustling with shops and services, this property offers the ideal canvas. And with ample parking spaces available, convenience is assured for visitors and tenants alike. Don’t miss out on the chance to bring your vision to life in one of Calgary’s most promising locations! (Please note: The conceptual sketch provided is for illustrative purposes only.)
Property Details
Price:
$5,499,000
MLS #:
A2231429
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Retail
Subdivision:
Mount Pleasant
Listed Date:
Jun 17, 2025
Lot Size:
22,260 sqft / 0.51 acres (approx)
Year Built:
1963
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Community
- Address526 16 Avenue NW Calgary AB
- SubdivisionMount Pleasant
- CityCalgary
- CountyCalgary
- Zip CodeT2M 0J4
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
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- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
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- Christie Park
- Citadel
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- Coach Hill
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- Currie Barracks
- Dalhousie
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- Deer Run
- Deerfoot Business Centre
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- Rosemont
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- Rundle
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- Saddleridge Industrial
- Sage Hill
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- Scenic Acres
- Seton
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- Shawnessy
- Shepard Industrial
- Sherwood
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- Stoney 3
- Stoney 4
- Strathcona Park
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- University District
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- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Commercial in Calgary as of Oct 09, 2025
640
Commercial Listed
142
Avg DOM
$932,472
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 $5,499,000 To schedule a showing of MLS#a2231429 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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