216/218 MUSKRAT STREET

Vacant Land For Sale in Banff, Alberta

$2,300,000

Banff development site consisting of 2 adjacent down town lots both 40 x 130 with alley access. Permitted uses are apartment housing, (rental or condo), 4 plex + stacked row housing. The site is 10,441 sq ft and using a floor area ratio of 1.3 there is about 13,573 sq ft to develop. A renowned long time local designer who has detailed knowledge of this site could be a strong resource for any buyer interested. He estimates that 21 to 22 units would be attainable if one used the entire site while incorporating a parkade. We also have a concept that could keep the existing former Bankhead character home but that reduces the number of additional units that can be built. Ideal investment opportunity for you with the long-term strength of the Banff Rental market which could include staff accommodation, rental housing or condo development. Also listed under MLS#48227 (id:4069)

Address 216/218 MUSKRAT STREET
List Price 2,300,000
Property Type Vacant Land
Area Alberta
Sub-Area Banff
Lot Size 10441 Sq. Ft.
MLS® Number 48228
Listing Brokerage ROYAL LEPAGE ROCKY MOUNTAIN REALTY
Postal Code T1L1A1

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MaxWell South Star Realty

Canmore Real Estate Group

204 - 820 Main Street Canmore AB T1W 2B7

Mobile: 403-688-0388

Office: 403-688-0530

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