JN REAL ESTATE GROUP

NONE

FOR SALE

$249,000

PURCHASE PRICE

114 2 Street S, Vulcan · T0L 2B0

RETAIL · BUILT 1965

MLS A2353912 · 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

Commercial investment opportunity in downtown Vulcan! Located at 144 2nd Avenue South, this commercial building offers excellent street exposure in the heart of Vulcan's downtown business district. Currently occupied by a fitness business, the property offers an opportunity for investors seeking a tenant-occupied commercial building. The main floor features an open area currently used for fitness activities, along with additional storage space, a staff room with cabinetry and kitchen sink, and separate men's and women's washrooms. The basement provides substantial additional storage space and a separate utility room. Improvements completed over the years include updated front windows and entrance, commercial tile flooring, lighting, plumbing upgrades, and two high-efficiency furnaces installed in 2017. Additional features include a metal roof and a pea-gravelled parking area at the rear of the building. With its central location, good visibility, and existing commercial tenancy, this property presents an opportunity for investors looking to add a commercial property to their portfolio. The building may also offer potential for alternative commercial uses in the future, subject to applicable zoning and municipal approvals.

DETAILS

TRANSACTION

TRANSACTION
For Sale
LEASE TERM
Other

BUILDING

TYPE
Retail
YEAR BUILT
1965
CONSTRUCTION
Concrete
ROOF
Metal

LOT & EXTERIOR

LOT SIZE (SQFT)
4,000
LOT SIZE (ACRES)
0.09
LOT
Street Lighting

COMMUNITY

COMMUNITY
NONE
ZONING
C-1
POSTAL CODE
T0L 2B0

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
COOLING
None
ANNUAL TAXES
$2,464

LISTING COURTESY OF LYLE MAGNUSON · MAGNUSON REALTY LTD

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