REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,750,000
Est. payment | /mo
105,701 SqFt
$ 3,750,000
Est. payment | /mo
105,701 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 105,701 sqft
Price per Sqft $35
Subdivision Capitol Hill
MLS Listing ID A2184464
HOA Y/N No
Year Built 1971
Property Sub-Type Mixed Use
Property Description
This three-story building, situated on an 11,948-square-foot lot, holds 10 distinct titles. It encompasses two commercial units: a 3,452 sq. ft. main floor space currently vacant for multy purpouse potential. and a 2,000 sq. ft. lower level space occupied by a church. Additionally, the property boasts 8 upgraded two-bedroom residential units, each with an area of 796 sq. ft. With 21 exterior ground-level parking stalls. This property is ideally located across from SAIT and mere minutes from downtown, making it a prime revenue-generating asset with diverse tenants. A Phase I environmental assessment was completed in 2014, and the property achieved a gross revenue of $260,000 in 2023. There is also potential to convert the building units into a condominium. there are 10 separate titles for units 1 and 2 and also apartments units 101-104 and 201-204 for the apartments
Location
Province AB
County 0046
Zoning DC
Interior
Heating Baseboard, Boiler, Combination, See Remarks
Inclusions 8 refrigerators, 8 electric stoves, 8 dishwashers ,
Fireplace No
Exterior
Roof Type Asphalt/Gravel
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions None Known
Listed by RE/MAX House of Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "