$3,750,000

Commercial For Sale In Capitol Hill, Calgary, Alberta

$3,750,000

Property Information:

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 no large gathering use, 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

Inclusions: 8 refrigerators, 8 electric stoves, 8 dishwashers ,

Property Features:

  • Built in: 1971
  • Floor Space (approx): 105701.60 Square Feet
  • Heating: Baseboard, Boiler, Combination, See Remarks
  • Roof: Asphalt/Gravel
  • Zoning: DC

Courtesy of: RE/MAX House of Real Estate

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
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