Holding income today, redevelopment potential tomorrow: 20 14 Street NW, Calgary
Munafa Realty is pleased to offer 20 14 Street NW, a four-lot inner-city site in Calgary's Hillhurst/Kensington area with strong frontage on 14 Street NW.
THE SITE
Legal: Lots 8–11, Block 2, Plan 4163P
Site area: approx. 12,000 sf
Frontage: approx. 100 ft on 14 Street NW
Depth: approx. 120 ft, with a 20 ft rear lane
Zoning: C-COR3
Parking: 16 surface stalls
EXISTING IMPROVEMENT AND INCOME
The property is improved with a single-storey commercial building of approx. 2,100 sf and two leased units:
The Fancy Burger: 975 sf, lease June 16, 2025 to June 15, 2030
Spirits of Kensington: 1,125 sf, lease April 1, 2025 to March 31, 2030
The current leases give a buyer holding income while they plan the site's future use.
REDEVELOPMENT POTENTIAL
The site may suit a future mixed-use project. The brochure includes an illustrative concept for a 6-storey multifamily building with ground-floor commercial space. The concept is for illustration only and has not been approved. Any redevelopment is subject to City of Calgary review, approvals and feasibility, which buyers should confirm themselves.
OFFERING
Pricing: available on request
Due diligence materials: available on request to qualified purchasers, subject to a confidentiality agreement where applicable
Please do not disturb the tenants. All viewings are by appointment only.
CONTACT
Satyam Bansal, MUNAFA REALTOR®
Munafa Realty Inc. | Brokerage: TREC The Real Estate Company
587-971-7993 | satyam@munafarealty.com | munafarealty.com
Information is believed reliable but is not guaranteed and may change without notice. Proposed concepts and renderings are illustrative and subject to approvals and feasibility. Buyers should independently verify all information.