2116 14 St NW - Storefront FOR SALE


Calgary, AB T2M 3N5- Suburban North
$1,490,000 CAD
403-390-8863
2116 14 St NW, Calgary, AB for Sale
$1,490,000 CAD
Storefront - FOR SALE
1/7
null | 4% Cap Rate

2116 14 St NW
Calgary, AB T2M 3N5
Suburban North


HIGHLIGHTS

  • Heavy traffic in front of buidling
  • Facing a community park across street
  • Newly updated electrical panels

OVERVIEW

Located on the corridor of 14th Street with adjacent Highway #1 (16th Ave) is this great piece of commercial property. Zoning is Commercial-Corridor 2 with potential opportunities for office, retail, and even residential uses. Prime retail building in the community of Capitol Hill with long-term tenants serving the community and surroundings. The current stable tenants are the liquor store, music school, coffee machine shop, and hair salon. It is a good holding or investment property. You could apply to rezoning to build up a higher building just like the building next to it on the south side. The building has a 5,000+ sq ft lot and 8 parking stalls. The building is over 4,600 sq ft on both levels with another 2,300 sq ft basement for extra use. The city assessment is $1.73M for 2023. The most electrical panels were replaced in 2022. The east side property ( Lot size: 42'X120') can be sold together with an additional price. Overseas buyers are eligible to purchase! Please don’t approach the tenants. Please call or email the listing broker for details.

FOR SALE DETAILS

PRICE

$1,490,000 CAD

PRICE/SF

$223 CAD /SF

CAP RATE

4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

Commercial-Corridor 2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Allen TianCIR RealtyMore Info
403-390-8863

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Allen TianCIR RealtyMore Info
403-390-8863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.