2, 1133 17 Avenue NW, Calgary Calgary, Alberta, T2M0P6

Listing Price
$3,500,000
commercial
0 beds
0 baths
105702 sqft
Property Details
Property Type
commercial
Year Built
1971
Heating
Baseboard heaters, See remarks
Annual Taxes
$17,868 (2024)
Subdivision
Capitol Hill
MLS Number
A2184464
Listed Date
Dec 24, 2024
Days on Market
485
Zoning Description
DC
Region / Community
Capitol Hill
Parcel Number
0028326958
Description
This three-story building, situated on an 11,948-square-foot lot, holds 10 distinct titles. It encompasses two commercial units: a 3,452 sq. ft. main floor space currently vacant for multy purpouse potential. and a 2,000 sq. ft. lower level space occupied by a church. Additionally, the property boasts 8 upgraded two-bedroom residential units, each with an area of 796 sq. ft. With 21 exterior ground-level parking stalls. This property is ideally located across from SAIT and mere minutes from downtown, making it a prime revenue-generating asset with diverse tenants. A Phase I environmental assessment was completed in 2014, and the property achieved a gross revenue of $260,000 in 2023. There is also potential to convert the building units into a condominium. there are 10 separate titles for units 1 and 2 and also apartments units 101-104 and 201-204 for the apartments (id:63190)
Location
2, 1133 17 Avenue NW, Calgary, Alberta, T2M0P6
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Principal & interest on a $0 mortgage at 5.25% for 25 years
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