Closing Date: September 2024
Address: 505 2nd Street SW
Total Site Size: 0.48 Acres (20,909 SF)
Total NRA: 121,419 SF
Highlights:
- Excellent opportunity to acquire a prime conversion project at significantly below replacement cost
- Average floor plates of 15,500 SF provides flexible configuration options
- The configuration of the Property is an added benefit to maximize windows and/or balconies for converted residential units
- Strategically located with proximity to the 3rd Street SW LRT Station and is surrounded by abundant amenities including restaurants, cafes, and other retail services
- All existing leases have demolition/redevelopment/termination clauses
Confidentiality Agreement
This property has a confidentiality agreement. If you'd like to know more, please download it below, sign it, and return it to us at meagan.pitre@cbre.com
Gallery
Contact for more info
Duncan MacLean
Duncan co-leads the CBRE National Investment Team in Calgary alongside his partner, Richie Bhamra.
Duncan MacLean
Richie Bhamra
Richie co-leads the CBRE National Investment Team in Calgary alongside his partner, Duncan MacLean.
Richie Bhamra
Geoff Mar
Geoff started his commercial real estate career in 1993. He’s a Senior Vice President with the CBRE National Investment Team in Calgary and has been a vital member since the Team’s inception.
Geoff Mar
Drew Redekopp
Drew is a Sales Associate with the CBRE National Investment Team-Calgary and joined the Team in 2016. He has over 10 years of commercial real estate experience.
Drew Redekopp
525 8 Avenue SW, Suite 3200
Calgary, AB, Canada
T2P 1G1