+12 more
5,040 sqft
Lot
8
Parking
About This Property
This retail in Calgary offers a 5,040 sqft lot. The property has lot dimensions of 5040.00. The home features forced air, natural gas heating. Highlights include a 8-car garage.
MLS Remarks
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 2026 city assessment of $1.56 M. Concrete block walls offer enhanced durability and structural strength. 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. (id:60351)
Overview
Property Typecommercial
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