JN REAL ESTATE GROUP

Capitol Hill

$1,380,000

2116 14 Street NW, Calgary · T2M 3N5

MLS A2284159 · 155 DAYS ON MARKET

ABOUT THIS HOME

This Commercial-Corridor 2 (C-COR2) zoned two-storey retail building presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and 21st 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 repair shop, and hair salon, providing a stable income stream with a 2026 city assessment of $1.56 M. Concrete block walls offer enhanced durability and structural strength. 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 DO NOT approach the tenants without a viewing appointment.

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RE/MAX Complete Realty · Calgary

DETAILS

BUILDING

TYPE
Retail
CONSTRUCTION
Brick · Other
ROOF
Flat Torch Membrane
FOUNDATION
Poured Concrete

PARKING

TOTAL PARKING
8

LOT & EXTERIOR

LOT SIZE (SQFT)
5,040
LOT SIZE (ACRES)
0.12

COMMUNITY

COMMUNITY
Capitol Hill
ZONING
C-COR2
POSTAL CODE
T2M 3N5

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
ANNUAL TAXES
$30,222