1129 17th Ave NW - Office FOR SALE


Calgary, AB T2M 0P7
$3,900,000 CAD
403-540-4838
1129 17th Ave NW, Calgary, AB for Sale
$3,900,000 CAD
Office - FOR SALE
1/4
null | Request Cap Rate

1129 17th Ave NW
Calgary, AB T2M 0P7


HIGHLIGHTS

  • Located nearby public transit.
  • Centrally located nearby amenities.
  • Surface Parking.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,900,000 CAD

PRICE/SF

$290 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,954 SF

ZONING

C-COR1

APN/PARCEL ID

080019201

ASK ABOUT THIS PROPERTY

John OliverioRE/MAX Real Estate (Central)More Info
403-540-4838

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John OliverioRE/MAX Real Estate (Central)More Info
403-540-4838

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.