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$1,650,000
Est. payment /mo
1,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $1,178
Subdivision Hillhurst
MLS Listing ID A2354797
Year Built 1963
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Retail
Property Description
Exceptional INVESTMENT and REDEVELOPMENT opportunity in the heart of Hillhurst! Held by the same owner for 56 years,this property offers a rare opportunity to acquire a well-established commercial holding along one of the community's most commercially active corridors. The approximately 60-foot-wide double lot features a level,fully usable rectangular site with a standalone building of approximately 1,400 SF,excellent exposure to 14th Street NW,ample on-site parking,additional rear access and parking,and an existing pylon sign base. The property boasts a strong rental history,providing established income while future plans are considered. Zoned C-COR2 f2.8 h16,the site offers attractive potential for future redevelopment,subject to City approvals. This evolving urban corridor reinforces the long-term appeal of a property offering both current income and future development potential. Secure a rare Hillhurst investment with established rental income,strategic commercial frontage,and the opportunity to unlock future value through redevelopment. A compelling addition to any investor's portfolio.
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning C-COR2
Direction NW
Interior
Fireplace No
Exterior
Roof Type Flat
Total Parking Spaces 8
Garage No
Building
Lot Description Back Lane, City Lot, Level, Near Public Transit, Paved, Street Lighting
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
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Listed by RE/MAX Key
NEARBY SCHOOL & BUSINESS
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