1435 9 Avenue SE,Calgary, AB T2G0T4
Calgary, AB T2G0T4
Description
Prime Inglewood Commercial Property Rare Retail Opportunity - BUSINESS RELOCATING PLEASE NOTE: The Seller will agree to a Sale with a 5 year leaseback - fully triple net, worry free lease at $200,000/year. This exceptional commercial/retail property presents an unparalleled opportunity in the heart of Inglewood. With the tenant planning to relocate, the property offers vacant possession or the possibility of a short-term leaseback.Strategically located just one block west of the proposed Brewery Rail Lands Development-anticipated to add ±1,500 residents and ±800 jobs to the neighborhood-this property is ideally positioned for significant growth and vibrancy.Property Highlights:Lot Size: 8,137 sq. ft. (66' x 123')Developed Space: 8,524 sq. ft.oUpper Level: 3,910 sq. ft. with soaring 15 ft ceilingsoLower Level: 3,944 sq. ft. with spacious 9 ft ceilingsCap Rate Expectation: 6.0% CapCurrently home to an established, quality Italian furniture and design studio, this property offers incredible potential for a wide range of uses, including a studio, restaurant, music venue, or diverse retail concepts.Historical and Architectural Significance:Originally constructed in 1950 as St. George's Odd Fellows Lodge Hall, the building holds a rich history as a social hub and contributor to East Calgary's commercial vitality. Its Art Moderne style, featuring smooth stucco exteriors, vertical buttresses, and projecting corner piers, makes it a distinctive and valuable addition to the historical streetscape of 9th Avenue-Calgary's first main street.This well-preserved building continues to reflect its original character while offering modern adaptability. The solid concrete block construction presents the exciting potential for expansion, such as a rooftop patio or an additional floor.Don't miss this exclusive opportunity to own a property that blends historical charm, architectural significance, and immense future potential in one of Calgary's most sought-after neighborhoods.Contact your realtor today to explore this unique offering! (id:13843)
Details
| MLS # | A2350172 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Year | 1950 |
| Days On Site | 17 |
| Listing Provided By | D.C. & Associates Realty | James Christenson |
Features
| SQ Feet | 84,536 |
|---|---|
| Building(s) | 1 |
| Zoning | DC (pre 1P2007) |
| Acreage | 0.02 |
Interior
| Cooling | Central air conditioning |
|---|---|
| Heating | Natural gas |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Poured Concrete |
|---|
Parking
| Parking Total | 6 |
|---|
Taxes
| Tax Annual Amount | 57808 |
|---|---|
| Tax Block | 11 |
| Tax Lot | 36, 37 |
| Tax Year | 2026 |
Area Information
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2G0T4 |
| Community Name | Inglewood |
| Listing VS Median (in Inglewood) | |
Price: $2,795,000 low | high Med: $599,000 sqft: 84,536 low | high Med: 812 $ / sqft: $33 low | high Med: $738 On site: 17 low | high Med: 82 | |
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Learn More About This Property
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2G0T4 |
| Community Name | Inglewood |
| Listing VS Median (in Inglewood) | |
Price: $2,795,000 low | high Med: $599,000 sqft: 84,536 low | high Med: 812 $ / sqft: $33 low | high Med: $738 On site: 17 low | high Med: 82 | |