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$ 3,775,000
$ 4,200,000 10.1%
Est. payment | /mo
$ 3,775,000
$ 4,200,000 10.1%
Est. payment | /mo
Key Details
Sold Price $3,775,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Glamorgan
MLS® Listing ID A2208385
Sold Date 07/25/25
Year Built 1978
Annual Tax Amount $45,523
Tax Year 2024
Property Sub-Type Retail
Source Calgary
Property 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.
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.
Location
Province AB
County Calgary
Area Cal Zone W
Zoning C-N2
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 16
Others
Restrictions None Known
Tax ID 95052992
Ownership Private
Listed by Century 21 Bravo Realty
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