Robert Hinsperger & Associates

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526 16 Avenue NW
Mount Pleasant Calgary T2M 0J4

$5,499,000
Commercial

Main Photo: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Photo 1: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Photo 2: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Photo 3: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Photo 4: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Photo 5: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Photo 6: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2231429
Build. Type:
Free-Standing
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 Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Lease Measure:
Square Feet
Building Type:
Free-Standing, Office Building, Retail
Total Building Area:
11,000 sq. ft.
Lot Area:
22,260 sq. ft.
Year built:
1963 (Age: 62)
Bathrooms:
- (Full:-, Half:-)
Plan:
2934O
Heating:
Standard, Forced Air, Natural Gas
Foundation:
Perimeter Wall, Slab
Construction Material:
Other
Structure Type:
Retail
Roof:
Asphalt/Gravel
Ensuite:
No
Cooling:
Central Air
Garage:
No
Ceiling Height:
12'
Mount Pleasant (Calgary)
see remarks
None Known
Title to Land:
Fee Simple
Access To Property:
Front and Rear Drive access, Direct Access
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
C-COR1 f5.0h37
Listed Date:
Jun 16, 2025
  • Photo 1: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
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  • Photo 2: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
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  • Photo 3: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
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  • Photo 4: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
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  • Photo 5: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
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  • Photo 6: 526 16 Avenue NW in Calgary: Mount Pleasant Retail for sale : MLS®# A2231429
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Listed by Key Realty Group Inc.
Data was last updated August 13, 2025 at 08:14 PM (UTC)
Robert Hinsperger

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