640 10 Avenue Sw, Calgary, AB, T2R 1M3

640 10 Avenue SW, Calgary, AB, T2R 1M3

MLS® # A2137759

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Commercial For Sale In Beltline, Calgary, Alberta

$4,500,000

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640 10 Avenue SW, Calgary, AB, T2R 1M3

$4,500,000

Property Information:

Exclusive opportunity in Calgary’s Beltline District with tremendous development potential. CC-X zoning allows for a blend of commercial, residential, and mixed-use projects, Maximize development footprint and profitability with the density of Base 5.0 FAR + 3.0 Bonus FAR. Prime downtown location with excellent visibility and increasingly rare freehold site size with a total 99 ft frontage and 160 ft depth. Proximity to major amenities, business centers, and attractions. Calgary is a thriving economic hub with a strong real estate market, diversified economy and record breaking, new in-migration. Resurgence in urban development with infrastructure projects and revitalization initiatives are ideal for businesses in this location. Take advantage of Calgary’s growing population, young, entrepreneurial vibe, and rapidly evolving cityscape. Strong income from tenants and parking make this an ideal investment in a vibrant city. Call for more details.

Inclusions: All equipment in the kitchen, in as-is condition

Property Features:

Built in: 1974
Cooling: Central Air
Floor Space (approx): 7196.00 Square Feet
Heating: Forced Air, Natural Gas
Lot Size: 15840.00 Square Feet
Roof: Asphalt Shingle
Zoning: CC-X

Courtesy of: Real Broker

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

Location of 640 10 Avenue SW, Calgary, AB, T2R 1M3

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

29 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: High

29 hot days expected in 2050

40/100

High

ClimateCheck®

Current data

This property, 640 10 Avenue SW, experiences 7 hot days per year at around 29.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33.2 degrees Celsius.

Projected Avg. Temperature

Past

29.1℃

2050

33.2℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

21/100

Significant

ClimateCheck®

Current data

This property, 640 10 Avenue SW, experiences 10 significant 2-day storms per year, with about 199.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 212.6mm of precipitation per year.

Precipitation Per Storm

Past

199.6mm

2050

212.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 640 10 Avenue SW, Calgary, AB, T2R 1M3

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$111,039.48

Average Number of Children

1.37

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.0 %

High school certificate or equivalent

23.03 %

Apprenticeship trade certificate/diploma

4.06 %

College/non-university certificate

13.31 %

University certificate (below bachelor)

2.75 %

University Degree

50.85 %

Commuter

Travel To Work

By Car

37.8 %

By Public Transit

26.36 %

By Walking

30.93 %

By Bicycle

0.67 %

By Other Methods

4.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

99.48 %

Houses

0.52 %

Own Vs. Rent

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Property Information:

Property Features:

Market Price Trends

Location of 640 10 Avenue SW, Calgary, AB, T2R 1M3

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 640 10 Avenue SW, Calgary, AB, T2R 1M3

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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