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 (id:47423)
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Detailed Information
Listing Contract Date
2024-12-23
Municipal ID
0028326958
Ownership Type
Freehold
Plan
0010520
Property Type
Other
Transaction Type
For sale
Zoning Description
DC
Building
Constructed Date
1971
Heating Type
Baseboard heaters, See remarks
Size (Exterior)
105701.6 square feet
Total Finished Area
105701.6 sqft
Type
Commercial Mix
Land
Total Size
Unknown
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