Excellent commercial investment opportunity in the prestigious Arriva Podium building. Get into this lucrative market with Stampede Park’s expanding events centre including the new hockey arena expected to be finished in 2027. This 1,309 square foot retail bay is located on 12th avenue directly across from the coming Stampede Park Hotel with 220 rooms. This turn key triple net investment has been leased to the same tenant since 2009. The tenant pays condo fees (Operating Costs) , municipal taxes and utilities. The current 5 year lease is in place until 2027. Strategically located on 12th Avenue SE there will be ever growing pedestrian and vehicle traffic flowing into this developing area. Currently there are 620 residential units in the adjacent Guardian Towers and 164 residential in the Arriva Tower. Three titled indoor parking stalls (17,18,19) are included.
Address
472 12 Avenue SE
List Price
$780,000
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary CC
Sub-Area
Beltline
Year Built
2007
Maint. Fee
$1,109.27
MLS® Number
A2168309
Listing Brokerage
Keller Williams BOLD Realty
Postal Code
T2G0B4
Zoning
DC (Pre 1P2007)