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. The property may be sold together with the adjacent commercial-zoned( C-COR2) parcel ( MLS # A2284415 ) , offering additional & greater potential. Please DO NOT approach the tenants without a viewing appointment.
Address
2116 14 Street NW
List Price
$1,380,000
Property Type
Commercial
Type of Dwelling
Retail
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Capitol Hill
Lot Size
5040 Sq. Ft.
MLS® Number
A2284159
Listing Brokerage
CIR Realty
Postal Code
T2M 3N5
Zoning
C-COR2