216 & 218 Muskrat Street, Banff

$2,300,000

0 Beds
0 Baths
960 Sqft
.24 Acres
0 Garages

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. Renowned long time local designer Robb Findlay has detailed knowledge of this site and can be a strong resource for any buyer interested. Robb estimated 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. (id:6289)

Essential Information
Listing #50230
Price$2,300,000
Bathrooms0.00
Square Footage960
Acres0.24
Year Built1926
TypeVacant Land
Community Information
Address216 & 218 Muskrat Street
CityBanff
ProvinceAlberta
Postal CodeT1L1A1
Office

ROYAL LEPAGE ROCKY MOUNTAIN REALTY

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