Description
((INVESTOR ALERT)) We have a high-income generating strip mall in the heart of SW for sale. Fantastic 5-unit retail commercial building that is fully leased out. Located off 37 street SW and Glenmore Tr SW, this highly visible corner property boasts 16 parking stalls, a nearby bus stop for transit and a short walking distance to Mount Royal university campus.
Zoned for Commercial Neighbourhood 2 (C-N2) with a combined total building size of 7,431 SQ FT on a 14,477 SQ FT lot. The building has been owned and well maintained for over 20 years with no major issues. In addition, the seller has completed environmental Phase 1 and 2 last year with no findings.
With an exploding Calgary population and demographic that is growing exponentially, here is an opportunity to own a rare commercial strip mall that does not often come around. Surrounded by affluent neighbourhoods and priced at 6% cap rate. Do not miss this if you want to invest into the Calgary market.
Details
Updated on May 2, 2025 at 10:00 pm-
Price $4,200,000
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Property Type Retail, Commercial
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Property Status Pending
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MLS Number A2208385
Features
Address
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Address: 4655 37 Street SW
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City: Calgary
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State/county: Alberta
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Zip/Postal Code: T3E 3C8
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Area: Glamorgan
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Contact Information
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