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Vacant Land For Sale in:
Calgary, AB

1503 1 ST SE

Price: $999,000

DP-Approved Boutique Hotel Opportunity

Kushal Satrasala

825-521-3579

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Buyer Agent Friendly

The owner is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

Vacant Land For Sale - 1503 1 ST SE, Calgary, AB
N/A
$7,524
Annual Taxes
1650 sq ft
Lot Size
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Description

DP-Approved Boutique Hotel Development Opportunity in Calgary's Culture + Entertainment District

Rare opportunity to acquire a Development Permit approved boutique hotel project in one of Calgary's fastest-evolving urban districts. Located in the heart of the Culture + Entertainment District, S FRAME is positioned just steps from the BMO Centre, Stampede Park, Scotiabank Saddledome, Victoria Park/Stampede LRT Station, and the future Event Centre, placing it at the centre of Calgary's premier destination for tourism, business travel, entertainment, and major events.

The offering includes a fully designed 12-suite boutique hotel concept featuring approximately 6,600 square feet of buildable area on a compact and highly efficient downtown site. The project has been envisioned as a modern, technology-enabled hospitality experience, with self-check-in systems, fully equipped suites, flexible stay options, and a design-forward concrete construction approach tailored to executive travellers, digital nomads, event attendees, and extended-stay guests.

Unlike many development opportunities requiring years of planning and entitlement work, this project has already progressed through significant design and approval stages, creating a compelling opportunity for developers, hospitality operators, investors, or groups seeking a boutique accommodation asset in a high-demand location.

The surrounding area continues to benefit from substantial public and private investment, including the expansion of the BMO Centre, the revitalization of Stampede Park, the new Event Centre, and ongoing enhancements throughout the Culture + Entertainment District. Proposed policy changes within the Beltline Area Redevelopment Plan may also create future opportunities for increased density and development flexibility.

Investment Highlights:

• Development Permit approved boutique hotel project
• Approximately 6,600 SF of planned gross floor area
• 12-suite hospitality concept with modern design
• Prime downtown Calgary location within the Culture + Entertainment District
• Steps from Stampede Park, BMO Centre, Saddledome, and transit
• Strong hospitality fundamentals driven by year-round events and tourism
• Opportunity to capitalize on future district growth and densification
• Boutique scale suitable for private investors, developers, and owner-operators
• Potential for alternative hospitality, accommodation, or redevelopment strategies subject to approvals

Seller may consider traditional sale, strategic partnership, joint venture, development management, or construction management opportunities.

Additional Details

MLS® Number: A2320306
Property Type: Vacant Land
Postal Code:
MLS® Link: View on REALTOR.ca
FSBO ID: 646256