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$ 1,100,000
Est. payment | /mo
5,160 SqFt
$ 1,100,000
Est. payment | /mo
5,160 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,160 sqft
Price per Sqft $213
Subdivision Beltline
MLS Listing ID A2253836
Condo Fees $2,650/mo
Year Built 1907
Property Sub-Type Mixed Use
Property Description
An investment opportunity! Fully leased with excellent tenants ! Located in 206 - 11th Avenue SE a building constructed in 1909 originally as a warehouse and in 1996 renovated to accommodate its current configuration of commercial and residential space the units are part of the condominium development known as Imperial Lofts. The listing contains two commercial condominium units of 2500 square feet each so 5000 square feet of usable space. There are three tenants operating in the premises,Bud Bar,Velet Bike Ski Cafe and Anime-Shuns. The space is fully sprinklered and heated by a natural gas boiler system shared with the adjacent building. Positioned in one of Calgary's most vibrant inner city districts the commercial units present a rare opportunity to acquire condominium units in a landmark character property. Originally constructed in 1909,this iconic brick building underwent a comprehensive renovation and condominium conversion in 1996,thoughtfully blending its historic architectural charm with its modern functionality. Located in the 4-storey brick and beam building with concrete foundation,exposed post and beam construction,exterior brick facade,and a flat membrane roof. The space is fully sprinklered and serviced by natural gas boiler heating system shared with the adjacent buildings. The main and lower levels are dedicated to the commercial retail uses,while the upper three floors contain 6 residential apartment units. The property benefits from exceptional connectivity,and strong pedestrian activity,proximity to downtown Calgary,and the new entertainment district,the new Scotia Bank Arena and including the imminent Green-Line C-Train.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning CC-X
Direction SE
Interior
Heating Boiler, Hot Water, Natural Gas
Cooling Partial
Furnishings Unfurnished
Fireplace No
Exterior
Utilities Available Natural Gas Paid, Electricity Connected, Garbage Collection, Heating Paid For, Sewer Connected, Water Paid For, Water Connected
Water Access Desc Public
Roof Type Flat Torch Membrane
Present Use Mixed Use
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Foundation Poured Concrete
Sewer Public Sewer
Water Public
New Construction No
Others
Restrictions Easement Registered On Title,Encroachment
Listed by CIR Realty
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Sara Bietz
I’ve had the pleasure of working with Viren in Arbour Lake, and I’ve always been impressed with how professional, responsive, and easy to work with they are. They genuinely care about their clients and consistently go above and beyond to make sure things are handled properly.
It’s always a pleasure working with someone who is knowledgeable, reliable, and truly puts their clients first. I would happily recommend Viren to anyone looking for a great realtor in Calgary’s Northwest.
Geeta Singh
As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.
Sartaj Sekhon
Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary.
What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road.
Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue!
If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
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