Prime location for investors in popular Marda Loop known for its trendy small scale shops & pubs. Very active location due to recent redevelopments & community events ie. Marda Gras, annual film festivals & events geared towards the influx of the younger generation taking up residence in the area. Convenience store on property is leased to separate owner for 4 years from April 2011 lease rate is $1000 a month. 46x125 FT LOT. 40% commercial 60% residential. Residential side includes 2 bdrm 1 bath up, 2 bachelor suites down, walkout basement, share 1 bathroom. Rental income $750 each bachelor incld utils. Upper suite is owner occupied. Site offers good traffic flow & lots of customer parking. It is surrounded by parks including Kiwanis Park, South Calgary Park, Glenmore Park & just a few minutes walk to River Park. Good location for future redevelopment w/ option of building a Multifamily complex on the site.
