Rare opportunity for future redevelopment of prime M-U1 zoned property in the heart of Marda Loop. MU-1 zoning allows for the option of commercial or residential at grade with condos on the floors above. Currently zoning allows for 16.0 m of height and a FAR of 3. The 2224 property features a solid 4 plex in very good condition that would help with carrying costs while plans are put into place for future redevelopment. The 2224 lot is 62 ft. by 112 ft. and is being sold with the neighbouring property at 2230 34 Ave SW. The two lots combine for 125 ft. frontage and close to 14000 sq. ft. of prime development land. There may also be an opportunity to add another 1 lot for over 20000 sq. ft. or or possibly even 2 more lots for over 25000 sq. ft. for all 4 neighbouring lots. An environmental study report was completed for the 2230 property with no concerns for redevelopment. Previous plans for the 2230 property were accommodated with current sewer and water availability (no upgrade in the street) and Hydro was underground to building. Don’t let the chance to purchase & develop such a great assembly in one of Calgary’s most popular communities pass you by. (25067761)
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