((INVESTOR ALERT)) We have a high-income generating strip mall in the heart of SW for sale. Fantastic 5-unit retail commercial building that is fully leased out. Located off 37 street SW and Glenmore Tr SW, this highly visible corner property boasts 16 parking stalls, a nearby bus stop for transit and a short walking distance to Mount Royal university campus.Zoned for Commercial Neighbourhood 2 (C-N2) with a combined total building size of 7,431 SQ FT on a 14,477 SQ FT lot. The building has been owned and well maintained for over 20 years with no major issues. In addition, the seller has completed environmental Phase 1 and 2 last year with no findings.With an exploding Calgary population and demographic that is growing exponentially, here is an opportunity to own a rare commercial strip mall that does not often come around. Surrounded by affluent neighbourhoods and priced at 6% cap rate. Do not miss this if you want to invest into the Calgary market.
MLS # | A2208385 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Pending |
Year | 1978 |
Days On Site | 106 |
Listing Provided By | Century 21 Bravo Realty | Enoch Lui |
SQ Feet | 7,431 |
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Zoning | C-N2 |
Roof | Asphalt Shingle |
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Garage Yn | 0 |
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List Aor | Calgary |
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State | AB |
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County | Calgary |
City | Calgary |
Zip Code | T3E 3C8 |
Area | Calgary |
Community Name | Glamorgan |