JN REAL ESTATE GROUP

NONE

LIST PRICE

$190,000

5016 Victoria Avenue , Coronation · T0C 1C0

BUILT 1000

MLS A2232461 · 269 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

Excellent Investment Opportunity in Coronation! Versatile commercial office/retail building offers high visibility with a prominent storefront and convenient front parking. Constructed with durable cement block, the property measures 25’ x 70’ for a total of 1,750 sq ft. Currently tenanted under a Triple Net Lease until 2028, this space has provided consistent rental income over the years. The interior has been updated and includes professional office spaces, a staff room, washroom, and a welcoming front entry. The building is heated with a boiler and radiant heat system. New asphalt shingles installed in June 2024. A solid addition to any commercial portfolio or a smart owner-user opportunity in the future. $17388 in annual net income creates a beautiful 9.15% return.

DETAILS

BUILDING

TYPE
Office
YEAR BUILT
1000

COMMUNITY

COMMUNITY
NONE
ZONING
C1
POSTAL CODE
T0C 1C0

UTILITIES & COSTS

ANNUAL TAXES
$2,355

LISTING COURTESY OF BOB SHEDDY · CENTURY 21 MASTERS

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.