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$ 1,650,000
Est. payment | /mo
1,400 SqFt
$ 1,650,000
Est. payment | /mo
1,400 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1400
Square Footage 1,400 sqft
Price per Sqft $1,178
Subdivision Hillhurst
MLS® Listing ID A2354797
Year Built 1963
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Freehold
Property Description
Exceptional INVESTMENT and REDEVELOPMENT opportunity in the heart of Hillhurst! Held by the same owner for 56 years, this property offers a rare opportunity to acquire a well-established commercial holding along one of the community's most commercially active corridors. The approximately 60-foot-wide double lot features a level, fully usable rectangular site with a standalone building of approximately 1,400 SF, excellent exposure to 14th Street NW, ample on-site parking, additional rear access and parking, and an existing pylon sign base. The property boasts a strong rental history, providing established income while future plans are considered. Zoned C-COR2 f2.8 h16, the site offers attractive potential for future redevelopment, subject to City approvals. This evolving urban corridor reinforces the long-term appeal of a property offering both current income and future development potential. Secure a rare Hillhurst investment with established rental income, strategic commercial frontage, and the opportunity to unlock future value through redevelopment. A compelling addition to any investor's portfolio. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 8
Garage No
Private Pool No
Others
Ownership Freehold
Listed by RE/MAX Key
Nearby Locations
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