This Commercial-Corridor 2 (C-COR2) zoned property presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and Highway 1 (16th 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 shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. 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 don't approach the tenants. (id:57557)
| MLS® Number | A2202528 |
| Property Type | Retail |
| Neigbourhood | Hillhurst |
| Community Name | Capitol Hill |
| Plan | 3150p |
| Age | Age Is Unknown |
| Size Exterior | 6675 Sqft |
| Size Interior | 6,675 Ft2 |
| Total Finished Area | 6675 Sqft |
| Type | Retail |
| Acreage | No |
| Size Irregular | 5040.00 |
| Size Total | 5040 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 5040 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | C-cor2 |
https://www.realtor.ca/real-estate/28034897/2116-14-street-nw-calgary-capitol-hill
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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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