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