1804 1st St - Storefront Retail/Office FOR SALE


Calgary, AB T2M 2T2
$3,390,000 CAD
403-519-9618
1804 1st St, Calgary, AB for Sale
$3,390,000 CAD
Storefront Retail/Office - FOR SALE
1/11
null | 5.82% Cap Rate

1804 1st St
Calgary, AB T2M 2T2


OVERVIEW

The Kelly Block is located just North of 16th Avenue NW in the central community of Tuxedo Park. The Kelly Block is a two-storey building with 2 main level retail tenants and a mix of 6 professional & personal services tenants on the 2nd level. The rentable square footage is 8,090 SF plus a developed basement with utilities, washrooms, & storage. The property generates $197,351.00 in Net Income per annum with annual rent escalations. The weighted average term balance is 45 months. This property has been well managed. Qualified parties are invited to execute our confidentiality agreement to obtain access to the Data Room, which contains the due diligence materials.

FOR SALE DETAILS

PRICE

$3,390,000 CAD

PRICE/SF

$419 CAD /SF

CAP RATE

5.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

DC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jeff KeetCDNGLOBALMore Info
403-519-9618

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Jeff KeetCDNGLOBALMore Info
403-519-9618

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