JN REAL ESTATE GROUP

Crescent Heights

FOR SALE

$3,500,000

PURCHASE PRICE

1217 Centre Street NW, Calgary · T2E 2R3

OFFICE · BUILT 1978

MLS A2349331 · 0 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

An exceptional opportunity to acquire a well-positioned, income-producing commercial asset in Calgary’s established Crescent Heights community. The Hala Building offers prominent Centre Street exposure, a strong multi-tenant profile and an extensive parking offering that includes heated underground parking and surface stalls. The property is home to a diverse mix of established professional and service-oriented tenants, creating a balanced commercial environment and a solid foundation for an investor seeking ongoing income. The location is a significant component of the asset. Situated along Centre Street in Crescent Heights, the property benefits from excellent visibility, strong vehicle and pedestrian exposure, convenient transit access and immediate proximity to Calgary’s downtown core. The surrounding area combines established residential neighbourhoods with a growing mix of professional services, retail, restaurants and amenities, providing a strong tenant base and convenient accessibility. With income-producing tenancy, substantial parking, prominent exposure and an opportunity to further enhance the asset through lease-up, the Hala Building represents a compelling commercial investment opportunity in one of Calgary’s established inner-city corridors.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Office
YEAR BUILT
1978

PARKING

TOTAL PARKING
30

LOT & EXTERIOR

LOT SIZE (SQFT)
16,117
LOT SIZE (ACRES)
0.37

COMMUNITY

COMMUNITY
Crescent Heights
ZONING
C-COR1
POSTAL CODE
T2E 2R3

UTILITIES & COSTS

ANNUAL TAXES
$78,185

LISTING COURTESY OF RIA MAVRIKOS · RE/MAX KEY

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