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1814 36th St SE 6,600 SF Retail Building Calgary, AB T2B 0X6 $1,919,881 USD ($290.89 USD/SF) 5.66% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Great exposure onto 17th Ave and 36th Street in Forest Lawn
  • Includes smoke detectors, fire extinguisher, chemical-dry in Kitchen.
  • Flexible zoning allows for a variety of uses such as Retail, Restaurants Bar, Pub, Grocery store and much more.
  • 3 Airtech Rooftop Heating AC units.

EXECUTIVE SUMMARY

Excellent investment opportunity to own two adjacent properties in SE Calgary at below appraised value. Main Property has a single Tenant who is operating a successful established Restaurant and Pub. Total Land area: 20,182 sq. ft. (1874.97 m2). Great location on a busy 36 Street and close to International Avenue (17th Avenue) in Forest Lawn. Flexible zoning allows for a variety of uses such as Retail, Restaurants Bar, Pub, Grocery store and much more. Restaurant and Pub property fully leased until December 31st, 2026

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
6,600 SF
Building Class
C
Year Built
1976
Price
$1,919,881 USD
Price Per SF
$290.89 USD
Cap Rate
5.66%
NOI
$108,665 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.61
Lot Size
0.25 AC
Zoning
MU-2 - Mixed Use
Parking
43 Spaces (6.52 Spaces per 1,000 SF Leased)
Frontage
110’ on 36th St SE

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
Walk Score®
Very Walkable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CIBC
TD Canada Trust
Scotiabank
Tim Hortons
No Frills
Co-op
Sobeys
Planet Fitness
  • Listing ID: 27935114

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: 1814 36th St SE, Calgary, AB T2B 0X6

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