A rare opportunity to acquire 2,355 sqft of main-floor space condominium space in a highly visible inner-city location along Centre Street, benefiting from exposure to over 70,000
daily commuters. The offering comprises three separately titled condo units, to be sold together, within a solid and well-maintained concrete building in the established community of
Crescent Heights. The property is suitable for a wide range of uses including retail, daycare/child care, professional offices (legal, accounting, medical), religious assembly or place of
worship, and community services. Features include convenient side and rear access, low condominium fees, and three assigned heated underground parking stalls, one of which is
oversized and can accommodate two compact vehicles (up to four parking spaces total). The site offers excellent access to public transit, is minutes from downtown, and represents a
compelling opportunity for owner-occupiers or investors seeking long-term value in a prime central location. Private showings available by appointment only.
Essential information
MLS® number
A2277781
Status
Active
Price
$725,000
Lease rate
$28/sq ft/yr
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
Board Approval
Building area
2,355 sq ft
Year built
1996
Structure
Other
Listing brokerage
PropZap Realty
Source
Pillar 9™ MLS® System
Interior
Included
Fridge, stove and all fixtures.
Exterior and construction
Zoning
DC (pre 1P2007)
Parking
Total parking
3
Community
City
Calgary
Province
AB
Postal code
T2E 2P8
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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45 photos$644,9006, 1015 Centre Street NW, Calgary
