Calgary, AB t2p 1a8,1019 7 AVE SW
Calgary, AB t2p 1a8,1019 7 AVE SW
Calgary, AB t2p 1a8,1019 7 AVE SW
Calgary, AB t2p 1a8,1019 7 AVE SW
Calgary, AB t2p 1a8,1019 7 AVE SW
Calgary, AB t2p 1a8,1019 7 AVE SW
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$2,495,000

$2,995,000

16.7%
Est.Price: ?

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Est. payment /mo

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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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by CDN Global Advisors Ltd.
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