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$ 3,500,000
Est. payment | /mo
15,811 SqFt
$ 3,500,000
Est. payment | /mo
15,811 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 15811
Square Footage 15,811 sqft
Price per Sqft $221
Subdivision Crescent Heights
MLS® Listing ID A2349331
Year Built 1978
Lot Size 0.370 Acres
Acres 0.37
Property Sub-Type Freehold
Property Description
An exceptional opportunity to acquire a well-positioned, income-producing commercial asset in Calgary's established Crescent Heights community. The Hala Building offers prominent Centre Street exposure, a strong multi-tenant profile and an extensive parking offering that includes heated underground parking and surface stalls. The property is home to a diverse mix of established professional and service-oriented tenants, creating a balanced commercial environment and a solid foundation for an investor seeking ongoing income. The location is a significant component of the asset. Situated along Centre Street in Crescent Heights, the property benefits from excellent visibility, strong vehicle and pedestrian exposure, convenient transit access and immediate proximity to Calgary's downtown core. The surrounding area combines established residential neighbourhoods with a growing mix of professional services, retail, restaurants and amenities, providing a strong tenant base and convenient accessibility. With income-producing tenancy, substantial parking, prominent exposure and an opportunity to further enhance the asset through lease-up, the Hala Building represents a compelling commercial investment opportunity in one of Calgary's established inner-city corridors. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 30
Garage No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX Key
Nearby Locations
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