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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 Active
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. Please DO NOT approach the tenants without a viewing appointment.
Location
Province AB
County 0046
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
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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