This Commercial-Corridor 2 (C-COR2) zoned property presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and Highway 1 (16th Ave). Situated on a 5,000+ sq. ft. lot, the 4,600+ sq. ft. building, plus a 2,300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. Please don’t approach the tenants.
Property Details
Price:
$1,490,000
MLS #:
A2202528
Status:
Active
Baths:
0
Address:
2116 14 Street NW
Type:
Commercial
Subtype:
Retail
Subdivision:
Capitol Hill
City:
Calgary
Listed Date:
Mar 17, 2025
Province:
AB
Postal Code:
235
Lot Size:
5,040 sqft / 0.12 acres (approx)
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- Address2116 14 Street NW Calgary AB
- SubdivisionCapitol Hill
- CityCalgary
- CountyCalgary
- Zip CodeT2M 3N5
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2116 14 Street NW
Calgary, AB
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