412 23 Avenue NE

C-N1 ZONING | 50’ x 125’ LOT | INNER-CITY LOCATION | LAND VALUE OPPORTUNITY

Opportunity knocks in Winston Heights/Mountview with this 50’ x 125’ commercially zoned (C-N1) lot, offering strong potential for future redevelopment in a highly desirable inner-city corridor. Positioned along a well-exposed stretch with convenient access to Centre Street and 16 Avenue, this site is ideally suited for a range of small-scale commercial or mixed-use projects, including street-oriented retail with potential residential above (subject to City approval). The existing property needs some TLC, but it could be rented to provide holding income while plans are developed. The primary value here lies in the land and its flexible commercial zoning. Surrounded by a blend of established homes, local businesses, and ongoing redevelopment, this pocket continues to evolve, making it an attractive option for investors and builders looking to secure a foothold in a growing area. Located minutes to downtown, with quick connections to Deerfoot Trail, transit, and nearby amenities, this is a strategic acquisition with both immediate income and long-term upside in one of Calgary’s most well-located inner-city communities.