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$ 1,100,000
Est. payment | /mo
9,525 SqFt
$ 1,100,000
Est. payment | /mo
9,525 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,525 sqft
Price per Sqft $115
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 Cal Zone Cc
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
Shuvolaxmi Dutta
Highly recommend! An absolute pleasure to work with.
We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision.
He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way.
What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind.
Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation!
Thank you again Viren!
Stallone Dias
We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish.
Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind.
His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property.
I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
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