Bill & Amy Ewing
403-291-4440
CIR Realty
MLS®: A2284159 - Capitol Hill $1,380,000
This Commercial-Corridor 2 (C-COR2) zoned two-storey retail building presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and 21st Ave. Situated on a 5,000+ sq. ft. lot, the 4,600+ sq. ft. building, plus a 2,300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine repair shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. The property may be sold together with the adjacent commercial-zoned( C-COR2) parcel ( MLS # A2284415 ) , offering additional & greater potential. Please DO NOT approach the tenants without a viewing appointment. MLS®: A2284159 - Capitol Hill $1,380,000
Includes: none Property InformationProperty Type: Retail Brokerage: CIR Realty Listed Date: Please login or create an account Community InformationCity/Town: Calgary Community: Capitol Hill ExteriorLot Size: 0.12 sq.ft. Exterior: Brick, Wood Frame Construction: Brick,Wood Frame Frontage: 12.80M 42`0" Roof: Flat Torch Membrane Total Parking: 8 InteriorHeating: Forced Air, Natural Gas Fireplace Details: For Sale RoomsTotal Bedrooms: 0 (Bedrooms Above: 0) Bathrooms: Full: 0 / Half: 0 Above Grade: 0 Legal, Financial & PossessionZoning: C-COR2 Legal Description: Lot/Unit: Lot/Unit:,Plan: 3150P,Block: Tax: 30222.00 Possession: 60 Days / Neg Occupancy: Tenant Restrictions: None Known Listing Courtesy of CIR Realty The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. MLS®: A2284159 - Capitol Hill $1,380,000
Listing Courtesy of CIR Realty The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. |