((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. (id:51989)
Features of 4655 37 Street Sw
- MLS® Number A2208385
- Price $4,200,000
- Square Footage: 7431 sqft
- Property Type: Retail
- Neigbourhood: Glamorgan
- Community Name: Glamorgan
- Parking Space Total 16
- Plan 3804hk
Buildings
| Constructed Date | 1978 | Size Exterior | 7431 Sqft |
| Size Interior | 7431 Sqft | Total Finished Area | 7431 Sqft |
| Type | Retail |
Land
| Acreage | No | Size Total Text | Unknown |
| Zoning Description | C-n2 |
Agents and Offices
- Enoch Lui
- Office: Century 21 Bravo Realty