$2,495,000
$2,995,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/27/2023
Key Details
Sold Price $2,495,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Commercial Core
MLS® Listing ID A2052008
Sold Date 09/27/23
Originating Board Lloydminster
Year Built 1973
Annual Tax Amount $55,849
Tax Year 2023
Property Description
Motivated seller! Located in a well established, high density commercial/residential neighbourhood in SW Calgary, on the west end of the core of the downtown area, directly on the C Train line, and close to many amenities. Rare stand alone or two tenant building. Formerly an office building, school, and currently housing a hostel. Residential uses are approved for the property. Approved Building Permit for Hostel redevelopment, as well as income projections are available. Full glazing across the c train exposure. Unique facility with a significant amount of paved parking in the alley, rare amongst facilities along 7 Ave SW. Excellent mixed use zoning with a wide variety of uses. Ideal for an owner user group looking to own their own prime downtown location. Future redevelopment potential up to 26 stories (97 meters).
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC-99D2008
Interior
Heating Boiler, Natural Gas
Cooling Central Air
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 5
Building
Structure Type Brick,Glass
Others
Restrictions Call Lister
Tax ID 76673341
Ownership Private
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