2116 14 Street Nw Calgary, Alberta T2M 3N5
$1,490,000
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:57810)
Property Details
| MLS® Number | A2202528 |
| Property Type | Retail |
| Neigbourhood | Hillhurst |
| Community Name | Capitol Hill |
| Plan | 3150p |
Building
| Age | Age Is Unknown |
| Size Exterior | 6675 Sqft |
| Size Interior | 6,675 Ft2 |
| Total Finished Area | 6675 Sqft |
| Type | Retail |
Land
| 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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March 24 2025 10:17:19
Calgary Real Estate Board
Cir Realty
