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1814 36th St SE 6,600 SF Retail Building Calgary, AB T2B 0X6 $1,914,655 USD ($290.10 USD/SF) 5.66% Cap Rate
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 36th 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 October 31st, 2031
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
6,600 SF
Building Class
C
Year Built
1976
Price
$1,914,655 USD
Price Per SF
$290.10 USD
Cap Rate
5.66%
NOI
$108,449 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
Moderately walkable
70/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 9
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Presented by
TREC - The Real Estate Company
1814 36th St SE
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