472 12 AVE SE Active

Calgary,AB T2G0B4

$ 780000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Beltline

MLS Listing ID A2168309

Condo Fees $1,109

Originating Board Calgary

Year Built 2007

Annual Tax Amount $14,992

Tax Year 2024

Property Description

Excellent commercial investment opportunity in the prestigious Arriva Podium building. Get into this lucrative market with Stampede Park’s expanding events centre including the new hockey arena expected to be finished in 2027. This 1,309 square foot retail bay is located on 12th avenue directly across from the coming Stampede Park Hotel with 220 rooms. This turn key triple net investment has been leased to the same tenant since 2009. The tenant pays condo fees (Operating Costs) , municipal taxes and utilities. The current 5 year lease is in place until 2027. Strategically located on 12th Avenue SE there will be ever growing pedestrian and vehicle traffic flowing into this developing area. Currently there are 620 residential units in the adjacent Guardian Towers and 164 residential in the Arriva Tower. Three titled indoor parking stalls (17,18,19) are included.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning DC (Pre 1P2007)

Interior

Inclusions Air moving attached equipment

Exterior

Utilities Available Electricity Available,Natural Gas Available,High Speed Internet Available

Roof Type Flat

Total Parking Spaces 3

Building

Foundation Poured Concrete

Others

Restrictions Easement Registered On Title,Lease Restriction,Restrictive Covenant

Tax ID 94981242

Ownership Private

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