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Key Details
Sold Price $3,050,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Hillhurst
MLS® Listing ID A2088342
Sold Date 07/22/24
Originating Board Calgary
Year Built 1954
Annual Tax Amount $73,509
Tax Year 2023
Lot Size 0.258 Acres
Acres 0.26
Property Description
Your chance to own in the heart of Kensington. Recently updated and retaining character, this 8,440 sq ft two-storey building sits on a 90’x125’ lot (11,250 sq ft) and has attractive main-floor retail and upper level offices. Fully leased with six tenants on the second level, all with plenty of windows and many upgrades. Main floor entrance with walk-up access in the front and rear presents good visibility among the shops, boutiques and restaurants of Sunnyside and Hillhurst. Street-facing retail is comprised of two bays totaling 4,000 sq ft with an existing restaurant and retail store. 16 total surface parking stalls available, with additional metered street parking on 10 St NW and underground public lots nearby. Current DC zoning allows up to 45,000 sq ft buildable density, with uses based on C-COR1 zoning. Located near several new residential projects, including the Annex, LIDO, PIXEL, The Kensington, brand-new The Theodore, and recently announced Kenten luxury residences, this could be the buy-hold-develop opportunity you’ve been looking for.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC
Interior
Heating Forced Air, Natural Gas
Cooling Partial
Exterior
Lot Frontage 90.03
Total Parking Spaces 16
Building
Foundation Poured Concrete
Structure Type Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 83212225
Ownership Private
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