1231 10th Ave SW - Freestanding FOR SALE


Calgary, AB T3C 0J3- North Hill/Downtown/Beltline
$5,500,000 CAD
403-215-7257
1231 10th Ave SW, Calgary, AB for Sale
$5,500,000 CAD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

1231 10th Ave SW
Calgary, AB T3C 0J3
North Hill/Downtown/Beltline


HIGHLIGHTS

  • Prime Inner-city Location
  • Surface Parking
  • West Beltline location with quick access to the downtown core
  • Calgary’s most densely populated neighbourhood with a high concentration of dining, shopping, entertainment and amenities

OVERVIEW

The Property is currently improved with a 9,975 SF retail building and a 30 stall surface parking lot. The building is 100% occupied by Vistek Camera Store, a company that is affiliated with the owner of the property, and a national operator with five retail locations across Canada. The offering may include a 4 years lease back to the owner/operator (Vistek) providing purchasers with strong holding income while redevelopment plans are contemplated. 1231 10th Avenue SW represents an opportunity for investors to secure a well positioned inner-city mixed-use development site with attractive near term holding income within one of Canada’s strongest performing real estate markets.

FOR SALE DETAILS

PRICE

$5,500,000 CAD

PRICE/SF

$551 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,769 SF

ZONING

CC-X

APN/PARCEL ID

067087551

ASK ABOUT THIS PROPERTY

Eric HorvathColliersMore Info
403-215-7257

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Eric HorvathColliersMore Info
403-215-7257

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