2116 14 Street Nw, Calgary, Alberta T2M 3N5

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$1,490,000

Highlights

$1,490,000

Price

6675 sqft

Lot

For sale

Status

A2202528

MLS® ID

This Commercial-Corridor 2 (C-COR2) zoned property presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and Highway 1 (16th Ave). Situated on a 5,000+ sq. ft. lot, the 4,600+ sq. ft. building, plus a 2,300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. Please don't approach the tenants. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2202528
    • Price $1,490,000
    • Square Footage: 6675 sqft
    • Property Type: Retail
    • Community Name: Capitol Hill
    • Plan 3150p

    Buildings

    Age Age Is Unknown Size Exterior 6675 Sqft
    Size Interior 6675 Sqft Total Finished Area 6675 Sqft
    Type Retail

    Land

    Acreage No Size Irregular 5040.00
    Size Total 5040 Sqft|4,051 - 7,250 Sqft Size Total Text 5040 Sqft|4,051 - 7,250 Sqft
    Zoning Description C-cor2

    Agents and Offices

    • Allen Tian
    • Office: Cir Realty

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