2116 14 ST NW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2M 3N5
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Capitol Hill
MLS Listing ID A2202528
Originating Board Calgary
Annual Tax Amount $30,222
Tax Year 2024
Lot Size 5,040 Sqft
Acres 0.12
Property Sub-Type Retail
Property Description
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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning C-COR2
Interior
Inclusions Non
Others
Restrictions None Known
Tax ID 95328150
Ownership Private