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$3,500,000
Est. payment /mo
105,702 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 105,702 sqft
Price per Sqft $33
Subdivision Capitol Hill
MLS® Listing ID A2184464
Year Built 1971
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
This three-story building, situated on an 11,948-square-foot lot, holds 10 distinct titles. It encompasses two commercial units: a 3,452 sq. ft. main floor space currently vacant for multy purpouse potential. and a 2,000 sq. ft. lower level space occupied by a church. Additionally, the property boasts 8 upgraded two-bedroom residential units, each with an area of 796 sq. ft. With 21 exterior ground-level parking stalls. This property is ideally located across from SAIT and mere minutes from downtown, making it a prime revenue-generating asset with diverse tenants. A Phase I environmental assessment was completed in 2014, and the property achieved a gross revenue of $260,000 in 2023. There is also potential to convert the building units into a condominium. there are 10 separate titles for units 1 and 2 and also apartments units 101-104 and 201-204 for the apartments (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Baseboard heaters, See remarks
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
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Listed by RE/MAX House of Real Estate
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