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$1,680,000
240 Days On Site

1046 8 Street SE
Calgary, AB T2G 2Z4

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
2,423
SqFt
$693
/SqFt
1913
Built
Subdivision:
Ramsay
County:
Calgary

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

1046 8 Street SE1046 8 Street SE1046 8 Street SE1046 8 Street SE
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UPDATED CASH FLOW: Please see Cash flow in pictures and Supplements. A rare opportunity indeed, this 66’ x 117’ property (7,722 sq. ft.) is in a prime position in the heart of one of Calgary’s most active inner-city districts. The sale price includes both 1046 and 1048 – 8th Street SE. PLEASE DO NOT BOTHER TENANTS OR PHYSICALLY ACCESS THE PROPERTY FOR TOURS OR SHOWINGS WITHOUT PERMISSION. SHOWNGS WILL BE PROVIDED AFTER A CONDITIONAL OFFER IS ACCEPTED. The property offers a mix of CN-1 Commercial Zoning and RCG multi residential zoning. Although the potential for a great mixed-use development is primarily the standout benefit to this property there is also the opportunity for a buyer/investor to simply purchase the properties and continue to operate as a commercial investment property. The main floor restaurant space is fully appointed with equipment for an easy transition to a new tenant but there’s also a great owner/user opportunity with the additional commercial and residential tenants supplementing income. Full equipment list provided on request. The 3 bedroom, 2 full bathroom house, located on the North portion of the property is currently furnished and rented to three University student who are paying full market rents and 2/3rds of the utility costs. The residential property was renovated in 2018 with new electrical and plumbing included. The commercial retail space above the restaurant is leased to a thriving neighborhood cannabis shop also at a full market rent. There is a newer transformer located on the property that should be sufficient to supply service to a new development. (To Be Verified). Ramsay is a hidden Gem in the city that offers both stable and secure investment and a quiet residential location that is rapidly transitioning along with the amazing developments that are just blocks away surrounding the new Flames arena/Entertainment District, BMO Centre, and Stampede Park. This property boasts one of the highest walk scores in the city at 98 out of 100. As a bonus, Red’s Diner, directly across the street, is a destination that draws 100,000 customers per year to this location. Come join the amazing neighborhood of Ramsay. You’ll be glad you did.

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Listing Snapshot
Price 
$1,680,000
Days On Site 
240 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,423 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.09 Acres
Year Built 
1913
MLS® Number 
A2178071
Status 
Active
Property Tax 
$8,347
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
8 months agoListing first seen on site
General Features
Acres 
0.09
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
SqFt Total 
2423
Utilities 
Natural Gas Available
Water Source 
Public
Zoning 
C-N1
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Listing courtesy of David Campbell of D.C. & Associates Realty

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Alberta One Realty Listing Services (Pillar 9)
Last checked 2025-07-11 11:58 AM UTC

Neighborhood & Commute
Source: Walkscore
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