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1133 17 Av NW 15,300 SF 100% Leased Retail Building Calgary, AB T2M 0P7 $2,559,172 USD ($167.27 USD/SF) 6.69% Cap Rate
Investment Highlights
- This property is ideally located across from SAIT and mere minutes from downtown, making it a prime revenue-generating asset.
- Surface parking
- Centrally located nearby amenities
Executive Summary
This three-story building, situated on an 11,948-square-foot lot, holds 10 distinct titles. It encompasses two commercial units: a 3,452 sq. ft. main floor space currently vacant for multi-purpose potential. and a 2,000 sq. ft. lower-level space occupied by a church. Additionally, the property boasts 8 upgraded two-bedroom residential units, each with an area of 796 sq. ft. With 21 exterior ground-level parking stalls.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
15,300 SF
Building Class
B
Year Built
1964
Price
$2,559,172 USD
Price Per SF
$167.27 USD
Cap Rate
6.69%
NOI
$171,099 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.30
Lot Size
0.27 AC
Zoning
DC - Direct Control
Parking
30 Spaces
Amenities
- Bus Line
- Corner Lot
- Security System
- Signage
- Accent Lighting
- Recessed Lighting
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (95)
Nearby Major Retailers
1 of 4
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1133 17 Av NW
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