$4,250,000
$4,250,000
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0.55 Acres Lot
SOLD DATE : 03/26/2023
Key Details
Sold Price $4,250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Highland Park
MLS® Listing ID A2008698
Sold Date 03/26/23
Originating Board Calgary
Year Built 1959
Tax Year 2022
Lot Size 0.550 Acres
Acres 0.55
Property Description
Welcome to one of Calgary’s most functional and meticulously maintained inner-city hubs for religious assembly. Fronting Centre Street + the coming Green LRT Line it has enviable line-of-sight visibility for both north & south-bound traffic, and easily supports a large religious organization or growing congregation.
Intelligent design, numerous entrances, and continued improvements through the years has created a remarkably effective & efficient use of the almost 19,000 feet. Multiple independent zones can be used simultaneously - ideal for programming or rentals, creating cash-flow opportunities most church buildings cannot match.
Community movie nights, athletic events, social gatherings, large weddings, concerts, and farmer’s markets all work fantastically in the large gym which also has a huge projector screen. The smaller gym is perfect for small weddings, dances, fitness classes and more & ideal for a daycare with its adjacent rooms. The kitchen is located between the gyms with both a commercial range and dishwasher plus ample counter space for food service. With serving windows opening to each gym it’s an ideal setup for events and weddings.
The huge vaulted Nave /Sanctuary is accessed from either the south or west vestibules, featuring a spectacular open-beamed ceiling, stained glass windows, a choir loft behind the altar and a coveted mezzanine / balcony at the opposite end - which is also an ideal vantage for video and live streaming. The large number of windows around the building and gymnasiums provides natural light - and energy savings.
The outdoor area around the building is easily enough to support pre-and-post event outdoor socializing, plus there is a large fenced area complete with artificial turf and trees for a daycare amenity space. There is a functional level of parking on-site with ample more in the surrounding community, plus the Green Line transit corridor gives easy public access. The site easily provides space without waste – important with the value of inner-city land.
Mechanically the building is in fantastic shape with three 5 year old forced-air furnaces and a well maintained boiler system for added efficiency. With almost all windows replaced, added roof insulation, 50 year roof tiles, a 7 year old elevator, and 5 year old hot water tanks the building is ideally positioned for the long-term.
Meeting rooms on the upper and lower levels range from comfortable office-sized private spaces to large boardroom-type areas which each having their own kitchenettes adding to the overall functionality and convenience. To support rentals, there is also excellent storage and secondary office locations. With existing rental agreements already creating revenue, there is still significant revenue potential remaining.
The huge capacity of over 400 people, the enviable location, and the massive main + second gym make this a very rare find so don’t miss out! NOTE: MEASUREMENTS NOT TO BOMA STANDARD.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C1
Interior
Heating Boiler, Forced Air, Natural Gas
Exterior
Roof Type Clay Tile
Building
Lot Description Back Lane, Corner Lot, Street Lighting, Near Public Transit, See Remarks
Foundation Poured Concrete
Structure Type Brick,Concrete,Other,Stucco
Others
Restrictions None Known
Tax ID 76623170
Ownership Private
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