An exceptional opportunity awaits to acquire a commercial property with direct street access to the vibrant 17th Ave. SW in Calgary. This two-story building, established in 1978 and located in a mixed-use commercial zone, has been a key player in serving the lively communities of Killarney and Glengarry. It proves to be an ideal addition to your investment portfolio, providing both steady rental revenue and promising future development potential.The building boasts a size of 7,980 sq.ft., sits on a 10,365 sq.ft. land, and is zoned MU-1f4.sh23. Currently, there are two long-term local business tenants in place—one occupying a 1,120 sq.ft. bay on the main level, and the entire second floor (approximately 4,300 sq.ft.), which has been the home of a martial arts studio for many years, is also available. This freestanding property is a prime investment opportunity for an owner seeking rental revenue and future development potential, spanning over 46,000 sq.ft. with a 23-meter-high commercial building. (id:47423)
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Detailed Information
Lot
38.1 x 25.3 m
Total Area
7,980 ft2
Features
Visual exposure
Lease Type
Other, See Remarks
Listing Contract Date
2023-05-04
Municipal ID
0010415207
Ownership Type
Freehold
# of Parking Spaces
16
Plan
5125AM
Property Type
Retail
Transaction Type
For sale
Total Buildings
1
Zoning Description
MU-1 f4.5h23
Building
Constructed Date
1978
Construction Material
Poured concrete, Steel frame
Exterior Finish
Brick, Concrete, Stucco
Size (Exterior)
7980 square feet
Total Finished Area
7980 sqft
Type
Retail
Land
Total Size
10365 square feet
Size of Irregular Land
10365.00
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