$ 3,950,000
1133 17 AVE NW #2 Calgary, AB T2M 0P6
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$ 3,950,000
Est. payment /mo
Price Dropped by $250K
1133 17 AVE NW #2 Calgary, AB T2M 0P6
0.27 Acres Lot
UPDATED:
09/10/2024 03:15 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Capitol Hill
MLS® Listing ID A2143535
Originating Board Calgary
Year Built 1971
Annual Tax Amount $17,868
Tax Year 2024
Lot Size 0.274 Acres
Acres 0.27
Lot Dimensions 10x120
Property 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 leased to a doctor 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
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC
Interior
Inclusions 8 refrigerators 8 electric stoves, 8 dishwashers,
Exterior
Total Parking Spaces 25
Others
Restrictions None Known
Tax ID 91178402
Ownership Private
Listed by RE/MAX Real Estate (Central)