738 3rd Ave SW - Apartments CONDO FOR SALE


Calgary, AB T2P 0G7- North Hill/Downtown/Beltline
$729,000 CAD
587-317-9084
738 3rd Ave SW, Calgary, AB for Sale
$729,000 CAD
Apartments CONDO - FOR SALE
1/10
null | Request Cap Rate


OVERVIEW

Rare opportunity to own both a thriving business and the real estate in prime downtown Calgary. This turnkey convenience store occupies a 1,335 sq ft main-floor commercial condo surrounded by high-rise residential towers and office buildings. The sale includes the operating business, all equipment, fixtures, goodwill, and the titled real estate. As the owner, you will control your space and pay zero rent. The business has a strong track record, operating for 43 years in the same location and 22 years under the current owner with consistent revenue. The property offers excellent visibility, high foot traffic, and a loyal customer base from surrounding towers. Operating hours are Monday through Saturday from 9:00 AM to 8:30 PM, giving you 52 Sundays off every year for great work-life balance. The monthly condo fee of $1,158.25 covers gas, water, and building management, leaving only electricity to pay separately. You will also enjoy the benefit of one assigned underground parking stall. In addition, the potential to add a front patio creates an exciting opportunity to convert the space into a restaurant or bakery. This is an ideal asset for an owner-operator or an investor seeking secure retail real estate.

FOR SALE DETAILS

PRICE

$729,000 CAD

PRICE/SF

$546 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

100%

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mini Market

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

473,467 SF

STORIES

17

BUILDING CLASS

C

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

DC (pre 1P2007)

APN/PARCEL ID

0024777294,067860163,067860189,067860205,067860221,067860247,067860262

ASK ABOUT THIS PROPERTY

Jason ChoiFIRST PLACE REALTYMore Info
587-317-9084

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Jason ChoiFIRST PLACE REALTYMore Info
587-317-9084

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