702 10th Street

4 beds

bath

3,929 sqft

Double Attached Garage

$2,975,000+GST

Neighbourhood:

Property Type:

Commercial

2023 Property Taxes

$10,795.04

Lot Size 6,600 sqft

Link to Zoning: https://shorturl.at/cmry4

Link to RPR: https://shorturl.at/glvR0

Development Opportunity in Canmore’s Vibrant Corner View Location Attention investors! Seize the opportunity to own a rare and prime corner lot in the heart of downtown Canmore. This high-visibility location at the intersection of 10th Street, 6th Avenue (Marra’s Way), and Mallard Alley offers endless possibilities for redevelopment. Spanning approximately 6,600 square feet (50’x132’), this view lot is a canvas for innovation, with current zoning as Town Center and a Floor Area Ratio (FAR) of 2, inviting a range of permitted and discretionary uses for a multi-story project. The downtown Area Redevelopment Plan (ARP) may open new avenues for your vision. Strategically positioned just beyond one of the two east-side bridges into downtown Canmore, this coveted spot channels both vehicular bike and foot traffic directly past its doors, further boosted by the seasonal pedestrianization of Main Street. The existing structure includes a 2,028 square foot restaurant on the ground level, complemented by a 1,901 square foot residential unit above, featuring 4+ bedrooms and 3 bathrooms, plus a double car garage at the rear. With a lease in place until March 1st, 2025, you have the flexibility to plan and execute a transformative development that capitalizes on the location’s exceptional exposure and the town’s dynamic growth. For a detailed discussion on this unparalleled investment opportunity, please reach out to your Commercial Associate.

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Direct: 403-678-7557

[email protected]

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