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 leased to a doctor 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:13843)
Mls | A2143535 |
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Listing Type | For Sale |
Status | Active |
Year | 1971 |
Days On Site | 171 |
Listing Provided By | RE/MAX Real Estate (Central) | John Oliverio |
Sq Feet | 9,820 |
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Zoning | DC |
Acreage | 1110.00 |
State | AB |
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City | Calgary |
Zip Code | T2M0P6 |
Community Name | Capitol Hill |
Listing VS Median (in Capitol Hill) | |
Price: $3,950,000 low | high Med: $948,000 SqFt: 9,820 low | high Med: 1,865 $ / SqFt: $402 low | high Med: $508 On Site: 171 low | high Med: 109.000000 |