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$ 1,380,000
Est. payment | /mo
6,675 SqFt
$ 1,380,000
Est. payment | /mo
6,675 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 6,675 sqft
Price per Sqft $206
Subdivision Capitol Hill
MLS Listing ID A2284159
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 42'x120
Property Sub-Type Retail
Property Description
This Commercial-Corridor 2 (C-COR2) zoned two-storey retail building presents a prime investment opportunity in Capitol Hill,strategically positioned along 14th Street and 21st Ave. Situated on a 5,000+ sq. ft. lot,the 4,600+ sq. ft. building,plus a 2,300 sq. ft. basement,accommodates a diverse tenant mix,including a liquor store,music school,coffee machine repair shop,and hair salon,providing a stable income stream with a 2026 city assessment of $1.56 M. Concrete block walls offer enhanced durability and structural strength. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential,including the possibility of rezoning for a taller mixed-use development,this high-exposure,high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. The property may be sold together with the adjacent commercial-zoned( C-COR2) parcel ( MLS # A2284415 ),offering additional & greater potential. Please DO NOT approach the tenants without a viewing appointment.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning C-COR2
Direction NW
Interior
Heating Forced Air, Natural Gas
Inclusions none
Fireplace No
Exterior
Roof Type Flat Torch Membrane
Total Parking Spaces 8
Garage No
Building
Dwelling Type Mixed Use
Foundation Poured Concrete
Others
Restrictions None Known
Listed by CIR Realty
Nearby Locations
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