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$1,250,000
Est. payment /mo
3,024 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Chinatown
MLS® Listing ID A2291719
Year Built 1973
Annual Tax Amount $16,775
Tax Year 2025
Lot Size 3,024 Sqft
Acres 0.07
Property Sub-Type Retail
Source Calgary
Property Description
A free standing commercial property in Chinatown is for sale. The business is not included in the sale. The property has a stable tenant, currently paying $7,000 + GST per month in rent. The tenant is a chain store that has invested over $200,000 in renovations to the property. The seller will replace the roof, expected to be completed around April 2026. The current rent is below market value, offering potential to increase the rent in the future.
Property Size: 2,242 sq.ft. main floor + 2,242 sq.ft. basement
Lease Term: Until December 31, 2030.
Property Size: 2,242 sq.ft. main floor + 2,242 sq.ft. basement
Lease Term: Until December 31, 2030.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC (pre 1P2007)
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Exterior
Roof Type Asphalt Shingle
Building
Foundation Poured Concrete
Others
Restrictions Easement Registered On Title
Tax ID 101571988
Ownership Private
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Listed by Grand Realty
NEARBY SCHOOL & BUSINESS
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