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$3,650,000
212 Days On Site

, AB

For Sale|Business|Active
0
Beds
0
Total Baths
9,900
SqFt
$369
/SqFt
1950
Built

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Fully leased stand-alone building in downtown Calgary, offering a 7% return on investment. Net rental income is $255,000. Located in the central part of the city on Centre Street and Fifth Avenue. The property has a 9,100 sq ft footprint on a lot measuring 65 ft front by 140 ft deep, with CR20-C20/R20 zoning. It has high yield potential and neighbour land assembly options. The total frontage can be extended to 115 ft along 5th Avenue. Situated across from the Bow Tower, it is an excellent holding property with current income, potential for appreciation, and development opportunities. (id:31684)

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Listing Snapshot
Price 
$3,650,000
Days On Site 
212 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,900 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2089 Acres
Year Built 
1950
MLS® Number 
A2295896
Status 
Active
Property Tax 
$53,480.08
Maintenance Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active
7 months agoListing first seen on site
General Features
Parking Spaces 
14
Property Sub Type 
Business
SqFt Above 
9900
SqFt Total 
9900
Zoning 
CR20-C20/R20
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Listing courtesy of: Ed Kwan of First Place Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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