1639 11th Ave - Office/Residential FOR SALE


Calgary, AB T3C 0N3- North Hill/Downtown/Beltline
$2,599,000 CAD
403-585-0648
1639 11th Ave, Calgary, AB for Sale
$2,599,000 CAD
Office/Residential - FOR SALE
1/8
null | Request Cap Rate


HIGHLIGHTS

  • Building and Land for Price of MH-1 Land only
  • 500 meters from Sunalta LRT Station
  • Building Naming and Signage Rights included in Sale
  • Rapid access to downtown and plus 15 walkway system
  • Abundant non-metered/ non - permited street parking spaces
  • 7 parking spaces included with building

OVERVIEW

Renovated with 18 office suites located on 6500 sf MH-1 corner lot. 200 meters from Sunalta LRT Station. Sold for MH-1 land value. Includes building and 2 double garages plus onsite exterior parking Buyers brokerage commission protected This is a multi-use building with a land cost of the 6500 sf MH-1 ( Multi-Residential - High Density Low Rise District ) corner lot. This investment has the potential for value increase as both a multi-use building and land use designated for a future 4 to 8 storey apartment building that is permitted to include commercial storefronts. Located 500 meters from the Sunalta LRT Station, this lot has a FAR 4 resulting in the possibility for a future 26 suite 6 storey building. The existing structure is a 3000 sf restored building on a 50 ft corner lot with 7 parking spaces including 4 enclosed and heated. 18 rooms total comprised of 14 window offices, boardroom and 3 washrooms. Previously utilized as owner occupied office space. Located adjacent to 2 city parks and the C Train Station with extensive non-metered street parking. The entire building was rebuilt with new insulation, commercial grade wiring connected to underground commercial trunk line, upgraded plumbing, 2 new high efficiency furnaces, AC, hard wired security system, office sound dampening, vacuflow, roofing and evestrough. Recently painted throughout. The building is easily subdivided into individual floors with separate entrances and washrooms.

FOR SALE DETAILS

PRICE

$2,599,000 CAD

PRICE/SF

$866 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sunalta Station Place

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

MH-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Philip Young524179 Alberta LtdMore Info
403-585-0648

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Philip Young524179 Alberta LtdMore Info
403-585-0648

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