8,440 SqFt
8,440 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,440 sqft
Price per Sqft $331
Subdivision Tuxedo Park
MLS Listing ID A2290933
Year Built 1952
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Retail
Property Description
This 8,440 Sq. Ft. building has 5 commercial spaces on the main floor and 6 residential apartment rental units on the second floor.
The 5 commercial spaces are fully leased. Current tenants are Dog Grooming & Spa,Cannabis Shop,Pizza Shop and Massage Therapy.
The residential apartment rental units are made up of two studio apartments and four,two bedroom apartments. All residential apartments are currently leased.
Projected Net income from residential apartments is $51,000.
Projected Net income commercial from commercial tenants is $140,000.
Electric heat for second floor.
Main floor has Forced Air Heat and A/C.
Roof may need to be replaced in near future – estimated cost is $125,000 but must be determined by the purchaser.
This is a rare opportunity to acquire a unique mixed use,multi tenant property on a high visibility intersection with excellent income and tremendous upside potential.
Call your favorite Realtor today for more information.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning C-N1
Interior
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 3
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
LOCATION AND NEARBY PROPERTIES
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes HOT
- New NW Townhomes and Condos HOT
- New SW Single Family Homes HOT
- New SW Townhomes and Condos
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- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages HOT
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000
HOMES FOR SALE IN NORTHWEST CALGARY
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
