Description
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.
Details
Updated on July 6, 2025 at 8:00 am-
Price $1,490,000
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Property Type Retail, Commercial
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Property Status Active
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MLS Number A2202528
Address
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Address: 2116 14 Street NW
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City: Calgary
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State/county: Alberta
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Zip/Postal Code: T2M 3N5
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Area: Capitol Hill
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