2116 14 Street NW
Calgary (A2202528)
Description
This Commercial-Corridor 2 (C-COR2) zoned property presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and Highway 1 (16th Ave). Situated on a 5,000+ sq. ft. lot, the 4,600+ sq. ft. building, plus a 2,300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. Please don't approach the tenants.
Property details
- MLS® #
- A2202528
- Property Type:
- Commercial
- Subtype:
- Retail
- Subdivision:
- Capitol Hill
- Price
- $1,490,000
- Sale/Lease:
- For Sale
- Size:
- 6,675 sq.ft.
- Structure Type:
- Mixed Use
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- Non
- Lot Size:
- 0.12 acres
- Zoning:
- C-COR2
- Possession:
- 60 Days / Neg
- Days on Market:
- 7
Basic Info
Building Info
Lot / Land Info
Listing Info
Contact
780-897-4170
robert@grassrootsrealtygroup.
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
Grassroots Realty Group
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