Saddle Ridge Industrial Development Site for sale: N.E. Future Development Land 4 bedroom 1,470 sq.ft. (Listed 2016-02-03)

Overview

7020 40 Street NE, Calgary, Ab

MLS®#: C1027470
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SOLD
  • Property Value$2,650,000
  • Property Address7020 40 Street NE, N.E. Future Development Land, Calgary, Ab, T3J 5H2, Canada
  • TypeDevelopment Site
  • StyleLand and Buildings
  • BasementFinished
  • Parking5+ cars
  • Living Area1,470 sq.ft.
  • Lot Size Area4.49 acres
  • Bedrooms4
  • Bathrooms2 full

Saddle Ridge Industrial

7020 40 Street NE, N.E. Future Development Land, Calgary, Ab, T3J 5H2, Canada

Description

Located in the City of Calgary in the community of Saddle Ridge Industrial Area. 4.49 acres or approximately 195,584 square feet of industrial outdoor land with an approximately 1,470 square foot bungalow residence located on the southwest corner of the lot. A 1,920 square foot quonset and a 320 square foot portable office are located on the northeast corner of the lot. Approximately 2.5 acres of the north side of the property is paved. The residence is a 3 bedroom, 2 bathroom bungalow. The site is serviced by a well and septic tank and by the City of Calgary for gas, telephone and power. The property’s north 2.5 acres is paved and is ideally suited for storage with full fencing, lighting, automated gate with keypad access and ground sensor exit. There is a 5 year lease in place for the small portion of the NE corner of the property and Quonset. $3,000 per month.
The current land use for the property is I-O Industrial Outdoor District. The Industrial Outdoor District is intended to be characterized by parcels in locations within industrial areas where materials are stored outdoors. Permitted uses include equipment yards, parks, small power generation facilities, storage yards, and large and recreational vehicle storage yards. Discretionary uses include salvage yards and light to medium general industrial use. The land use allows that a maximum building size on a parcel that is zoned Industrial Outdoor District is 1,600 square metres (aprox 17,200 sq.ft.) and the maximum building height is 10.0 metres. There are various other limitations and restrictions contained within the bylaw. The subject property is also restricted by the Calgary International Airport Zoning regulations due to its close proximity to the airport.

 Real Estate Listing provided by
  • D.C. & Associates Realty
  • 1101 - 8th Street SE
  • Calgary, Ab
  • T2G 1N5

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.