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$ 1,250,000
Est. payment | /mo
2,242 SqFt
$ 1,250,000
Est. payment | /mo
2,242 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 2,242 sqft
Price per Sqft $557
Subdivision Chinatown
MLS Listing ID A2291719
Year Built 1973
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Retail
Property Description
A free standing commercial property in Chinatown is for sale. The business is not included in the sale. The property has a stable tenant,currently paying $7,000 + GST per month in rent. The tenant is a chain store that has invested over $200,000 in renovations to the property. The seller will replace the roof,expected to be completed around April 2026. The current rent is below market value,offering potential to increase the rent in the future.
Property Size: 2,242 sq.ft. main floor + 2,242 sq.ft. basement
Lease Term: Until December 31,2030.
Property Size: 2,242 sq.ft. main floor + 2,242 sq.ft. basement
Lease Term: Until December 31,2030.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning DC (pre 1P2007)
Direction SE
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Roof Type Asphalt Shingle
Garage No
Building
Dwelling Type Retail
Foundation Poured Concrete
Others
Restrictions Easement Registered On Title
Listed by Grand 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!