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.
Address
2116 14 Street NW
List Price
$1,490,000
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary CC
Sub-Area
Capitol Hill
Lot Size
5040 Sq. Ft.
MLS® Number
A2202528
Listing Brokerage
CIR Realty
Postal Code
T2M 3N5
Zoning
C-COR2