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1015 Centre St NW 2,355 SF Office Condo Unit Offered at $592,470 in Calgary, AB T2E 2P8
Executive Summary
A rare opportunity to acquire 2,355 SF of main-floor retail/office condominium space in a highly visible inner-city location along Centre Street, benefiting from exposure to over 70,000 daily commuters. The offering comprises three separately titled condo units, to be sold together, within a solid and well-maintained concrete building in the established community of Crescent Heights. The property is suitable for a wide range of uses including retail, daycare/child care, professional offices (legal, accounting, medical), religious assembly or place of worship, and community services. Features include convenient side and rear access, low condominium fees, and three assigned heated underground parking stalls, one of which is oversized and can accommodate two compact vehicles (up to four parking spaces total). The site offers excellent access to public transit, is minutes from downtown, and represents a compelling opportunity for owner-occupiers or investors seeking long-term value in a prime central location. Private showings available by appointment only.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | No. Parking Spaces | 3 |
| Cap Rate | 7.00% |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| No. Parking Spaces | 3 |
Description
A rare opportunity to acquire 2,355 SF of main-floor retail/office condominium space in a highly visible inner-city location along Centre Street, benefiting from exposure to over 70,000 daily commuters. The offering comprises three separately titled condo units, to be sold together, within a solid and well-maintained concrete building in the established community of Crescent Heights. The property is suitable for a wide range of uses including retail, daycare/child care, professional offices (legal, accounting, medical), religious assembly or place of worship, and community services. Features include convenient side and rear access, low condominium fees, and three assigned heated underground parking stalls, one of which is oversized and can accommodate two compact vehicles (up to four parking spaces total). The site offers excellent access to public transit, is minutes from downtown, and represents a compelling opportunity for owner-occupiers or investors seeking long-term value in a prime central location. Private showings available by appointment only.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 2,355 SF | Office | $592,470 USD ($251.58 USD/SF) | $41,472.92 USD |
Unit 5
| Unit Size |
| 2,355 SF |
| Condo Use |
| Office |
| Price |
| $592,470 USD ($251.58 USD/SF) |
| NOI |
| $41,472.92 USD |
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Unit 5
| Unit Size | 2,355 SF |
| Condo Use | Office |
| Price | $592,470 USD ($251.58 USD/SF) |
| NOI | $41,472.92 USD |
| Sale Type | Investment or Owner User |
| Cap Rate | 7.00% |
| No. Parking Spaces | 3 |
| Description | |
| A rare opportunity to acquire 2,355 SF of main-floor retail/office condominium space in a highly visible inner-city location along Centre Street, benefiting from exposure to over 70,000 daily commuters. The offering comprises three separately titled condo units, to be sold together, within a solid and well-maintained concrete building in the established community of Crescent Heights. The property is suitable for a wide range of uses including retail, daycare/child care, professional offices (legal, accounting, medical), religious assembly or place of worship, and community services. Features include convenient side and rear access, low condominium fees, and three assigned heated underground parking stalls, one of which is oversized and can accommodate two compact vehicles (up to four parking spaces total). The site offers excellent access to public transit, is minutes from downtown, and represents a compelling opportunity for owner-occupiers or investors seeking long-term value in a prime central location. Private showings available by appointment only.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 43,944 SF | Typical Floor Size | 10,986 SF |
| Property Type | Retail (Condo) | Year Built | 1996 |
| Property Subtype | Storefront Retail/Residential | Lot Size | 0.45 AC |
| Building Class | C | Parking Ratio | 0.07/1,000 SF |
| Floors | 4 | ||
| Zoning | C-COR2 - Commercial - Corridor 2 District | ||
| Total Building Size | 43,944 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Residential |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 10,986 SF |
| Year Built | 1996 |
| Lot Size | 0.45 AC |
| Parking Ratio | 0.07/1,000 SF |
| Zoning | C-COR2 - Commercial - Corridor 2 District |
Amenities
- Controlled Access
- Corner Lot
- Pylon Sign
- Restaurant
- Security System
- Signage
- On-Site Retail
- Air Conditioning
- Smoke Detector
Exceptionally walkable
90/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Zoshen Consulting Inc |
-
|
Jan 0000
|
| Alexander Khan & Co. |
-
|
Jan 0000
|
Nearby Major Retailers
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1015 Centre St NW
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