See all 4 photos
4 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,650,000
Est. payment /mo
9,900 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 9,900 sqft
Price per Sqft $368
MLS Listing ID A2295896
Year Built 1950
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 65 ft wide x 140 ft deep
Property Sub-Type Business
Property Description
Fully leased stand-alone building in downtown Calgary,offering a 7% return on investment. Net rental income is $255,000. Located in the central part of the city on Centre Street and Fifth Avenue. The property has a 9,100 sq ft footprint on a lot measuring 65 ft front by 140 ft deep,with CR20-C20/R20 zoning. It has high yield potential and neighbour land assembly options. The total frontage can be extended to 115 ft along 5th Avenue. Situated across from the Bow Tower,it is an excellent holding property with current income,potential for appreciation,and development opportunities.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning CR20-C20/R20
Interior
Fireplace No
Exterior
Total Parking Spaces 14
Garage No
Building
Lot Description City Lot, Flag Lot
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Read Less Info
Listed by First Place Realty
GET MORE INFORMATION