Explore an unparalleled investment opportunity on a 7,380 square foot inner city lot. This classic brick standalone building is in pristine condition and ideally situated on a high exposure corner nestled next to Inglewood. With 1,510.16 square feet of space on the main floor of the building, and an additional 1,562.28 square feet below. A truly rare commodity full of unique character and charm, with vast 13 ft ceilings on the main level, distinctive mullioned windows, and crisp black features throughout the exterior. Orientation of the interior is extremely versatile, whether used as a showroom, office space, partitioned business studios, or converted into something completely innovative. The space has been recently upgraded to include brand new light fixtures, fresh paint, and polished concrete flooring with an epoxy finish. The site is ideal for an owner-user looking to optimize use of the huge basement space, which could function as anything from storage, to a workshop, gallery, warehouse, private meeting rooms, or staff areas. The advertising value and brand visibility component is unmatched as the site is directly located at the intersection between Blackfoot Trail and Alyth Rd SE. The space comes equipped with all the necessary features of a commercial building, including two bathrooms below, brand new built-in features and a sink on the main, as well as in-floor heating via boiler upstairs, new A/C installed in 2017, and a Security System with cameras already wired in. Electrical and plumbing was all upgraded to code in 1993. Building also features digital connectivity infrastructure for both high-speed cable coax (Rogers) and direct fiber-to-the-premises (Telus). The location is truly something to behold with unlimited marketing potential, ease of accessibility for future clientele, and lots of extra space to utilize both inside and out, such as creatively fitting 10 parking stalls. Envision your business thriving in this one-of-a-kind industrial structure positioned in a desirable inner city district.
Essential information
MLS® number
A2356209
Status
Active
Price
$1,500,000
Property type
Commercial
Type
Industrial
Transaction
For Sale
Restrictions
Utility Right Of Way
Building area
1,510 sq ft
Lot size
7,384 sq ft
Year built
1952
Structure
Industrial
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System
Interior
Heating
In Floor, Forced Air
Cooling
Central Air
Included
To be determined upon Due Diligence period.
Exterior and construction
Construction
Brick
Roof
Tar/Gravel
Foundation
Poured Concrete
Lot features
Low Maintenance Landscape, Near Public Transit, Open Lot
Zoning
I-G
Parking
Total parking
10
Community
City
Calgary
Province
AB
Postal code
T2G 3M3
Where it is
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Approximate location, plotted from the listing’s own coordinates.
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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10 photos$1,200,000303, 3750 46 Avenue SE, Calgary
