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$2,950,000
Est. payment /mo
8,137 Sqft Lot
UPDATED:
01/27/2025 05:25 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Inglewood
MLS® Listing ID A2143030
Originating Board Calgary
Year Built 1950
Annual Tax Amount $56,080
Tax Year 2024
Lot Size 8,137 Sqft
Acres 0.19
Property Sub-Type Retail
Property Description
Prime Inglewood Commercial Property
Rare Retail Opportunity – BUSINESS RELOCATING
This exceptional commercial/retail property presents an unparalleled opportunity in the heart of Inglewood. With the tenant planning to relocate, the property offers vacant possession or the possibility of a short-term leaseback.
Strategically located just one block west of the proposed Brewery Rail Lands Development—anticipated to add ±1,500 residents and ±800 jobs to the neighborhood—this property is ideally positioned for significant growth and vibrancy.
Property Highlights:
• Lot Size: 8,137 sq. ft. (66' x 123')
• Developed Space: 8,524 sq. ft.
o Upper Level: 3,910 sq. ft. with soaring 15 ft ceilings
o Lower Level: 3,944 sq. ft. with spacious 9 ft ceilings
• Cap Rate Expectation: 6.0% Cap
Currently home to an established, quality Italian furniture and design studio, this property offers incredible potential for a wide range of uses, including a studio, restaurant, music venue, or diverse retail concepts.
Historical and Architectural Significance:
Originally constructed in 1950 as St. George's Odd Fellows Lodge Hall, the building holds a rich history as a social hub and contributor to East Calgary's commercial vitality. Its Art Moderne style, featuring smooth stucco exteriors, vertical buttresses, and projecting corner piers, makes it a distinctive and valuable addition to the historical streetscape of 9th Avenue—Calgary's first main street.
This well-preserved building continues to reflect its original character while offering modern adaptability. The solid concrete block construction presents the exciting potential for expansion, such as a rooftop patio or an additional floor.
Don't miss this exclusive opportunity to own a property that blends historical charm, architectural significance, and immense future potential in one of Calgary's most sought-after neighborhoods.
Contact your realtor today to explore this unique offering!
Rare Retail Opportunity – BUSINESS RELOCATING
This exceptional commercial/retail property presents an unparalleled opportunity in the heart of Inglewood. With the tenant planning to relocate, the property offers vacant possession or the possibility of a short-term leaseback.
Strategically located just one block west of the proposed Brewery Rail Lands Development—anticipated to add ±1,500 residents and ±800 jobs to the neighborhood—this property is ideally positioned for significant growth and vibrancy.
Property Highlights:
• Lot Size: 8,137 sq. ft. (66' x 123')
• Developed Space: 8,524 sq. ft.
o Upper Level: 3,910 sq. ft. with soaring 15 ft ceilings
o Lower Level: 3,944 sq. ft. with spacious 9 ft ceilings
• Cap Rate Expectation: 6.0% Cap
Currently home to an established, quality Italian furniture and design studio, this property offers incredible potential for a wide range of uses, including a studio, restaurant, music venue, or diverse retail concepts.
Historical and Architectural Significance:
Originally constructed in 1950 as St. George's Odd Fellows Lodge Hall, the building holds a rich history as a social hub and contributor to East Calgary's commercial vitality. Its Art Moderne style, featuring smooth stucco exteriors, vertical buttresses, and projecting corner piers, makes it a distinctive and valuable addition to the historical streetscape of 9th Avenue—Calgary's first main street.
This well-preserved building continues to reflect its original character while offering modern adaptability. The solid concrete block construction presents the exciting potential for expansion, such as a rooftop patio or an additional floor.
Don't miss this exclusive opportunity to own a property that blends historical charm, architectural significance, and immense future potential in one of Calgary's most sought-after neighborhoods.
Contact your realtor today to explore this unique offering!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC (pre 1P2007)
Interior
Heating Combination, Natural Gas
Cooling Central Air
Inclusions None
Exterior
Roof Type Asphalt,Flat
Lot Frontage 66.0
Total Parking Spaces 6
Building
Foundation Poured Concrete
Structure Type Mixed,See Remarks
Others
Restrictions None Known
Tax ID 95001975
Ownership Private
Read Less Info
Listed by D.C. & Associates Realty
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