2116 14 St NW
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2116 14 St NW
6,675 SF 100% Leased Retail Building Calgary, AB T2M 3N5 £831,379 (£125/SF) 5.37% Net Initial Yield
Investment Highlights
- Heavy traffic in front of buidling
- Newly updated electrical panels
- Facing a community park across street
Executive Summary
Located on the corridor of 14th Street with adjacent Highway #1 (16th Ave) is this great piece of commercial property. Zoning is Commercial-Corridor 2 with potential opportunities for office, retail, and even residential uses. Prime retail building in the community of Capitol Hill with long-term tenants serving the community and surroundings. The current stable tenants are the liquor store, music school, coffee machine shop, and hair salon. It is a good holding or investment property. You could apply to rezoning to build up a higher building just like the building next to it on the south side. The building has a 5,000+ sq ft lot and 8 parking stalls. The building is over 4,600 sq ft on both levels with another 2,300 sq ft basement for extra use. The city assessment is $1.73M for 2023. The most electrical panels were replaced in 2022. The east side property ( Lot size: 42'X120') can be sold together with an additional price. Overseas buyers are eligible to purchase! Please don’t approach the tenants. Please call or email the listing broker for details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,675 SF
Year Built
1959
Price
£831,379
Price Per SF
£125
Net Initial Yield
5.37%
NOI
£44,638
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
9 ft
Building FAR
1.28
Lot Size
0.12 AC
Zoning
Commercial-Corridor 2 - Commercial-Corridor 2 District
Parking
8 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
92 ft on 14th St
Amenities
- Bus Route
- Signage
Walk Score ®
Very Walkable (88)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
2116 14 St NW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.