info@settlersrealty.ca
CONTACT
$3,650,000
 
9900 Sq.Ft.
MLS® Number: A2295896

Business for Sale

Property Information

Fully leased stand-alone building in downtown Calgary, offering a 7% return on investment. Net rental income is $255,000. Located in the central part of the city on Centre Street and Fifth Avenue. The property has a 9,100 sq ft footprint on a lot measuring 65 ft front by 140 ft deep, with CR20-C20/R20 zoning. It has high yield potential and neighbour land assembly options. The total frontage can be extended to 115 ft along 5th Avenue. Situated across from the Bow Tower, it is an excellent holding property with current income, potential for appreciation, and development opportunities. (id:50315)

Property Summary
Property Type

Business

Building Type

Storey

Community Name

Subdivision Name

Title

 

Land Size
9900Sq.Ft.
Built in
1950
Annual Property Taxes
$53480.08
Parking Type
Published
16 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
9900.00Sq.Ft.
Total Finished Area
9900.00Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Total Parking Spaces
14
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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