7,854 ft2
Central Air Conditioning
Forced Air
$2,795,000
Prime Inglewood Commercial Property Rare Retail Opportunity ā BUSINESS RELOCATING AND ALSO AVAILABLE FOR LEASE 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 Developmentāanticipated to add ±1,500 residents and ±800 jobs to the neighborhoodāthis property is ideally positioned for significant growth and vibrancy. Property Highlights: ⢠Lot Size: 8,137 sq. ft. (66ā x 123ā) ⢠Developed Space: 8,524 sq. ft. o Upper Level: 3,910 sq. ft. with soaring 15 ft ceilings o Lower Level: 3,944 sq. ft. with spacious 9 ft ceilings ⢠Cap Rate Expectation: 6.0% Cap Currently 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 AvenueāCalgary'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. Donāt 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:60626)
Property Details
|
MLS® Number
|
A2251839 |
|
Property Type
|
Retail |
|
Neigbourhood
|
Inglewood |
|
Community Name
|
Inglewood |
|
Features
|
Back Lane, Level |
|
Parking Space Total
|
6 |
|
Plan
|
A3 |
Building
|
Ceiling Height
|
180 In |
|
Constructed Date
|
1950 |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
See Remarks |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Exterior
|
7854 Sqft |
|
Size Interior
|
7,854 Ft2 |
|
Total Finished Area
|
7854 Sqft |
|
Type
|
Retail |
Land
|
Acreage
|
No |
|
Size Depth
|
37.49 M |
|
Size Frontage
|
20.12 M |
|
Size Irregular
|
8137.52 |
|
Size Total
|
8137.52 Sqft|7,251 - 10,889 Sqft |
|
Size Total Text
|
8137.52 Sqft|7,251 - 10,889 Sqft |
|
Zoning Description
|
Dc (pre 1p2007) |