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MLS® A2350172 · Active

1435 9 Avenue SE

Calgary, Alberta

$2,795,000

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2350172
Status
Active
Property type
Retail
City
Calgary
Year built
1950
Living area
84536 square feet
Listing brokerage
D.C. & Associates Realty

About this property

Prime Inglewood Commercial Property Rare Retail Opportunity – BUSINESS RELOCATING PLEASE NOTE: The Seller will agree to a Sale with a 5 year leaseback - fully triple net, worry free lease at $200,000/year. This exceptional commercial/retail property presents an unparalleled opportunity in the heart of Inglewood. With the tenant planning to relocate, the property offers vacant possession or the possibility of a short-term leaseback.Strategically located just one block west of the proposed Brewery Rail Lands Development—anticipated to add ±1,500 residents and ±800 jobs to the neighborhood—this property is ideally positioned for significant growth and vibrancy.Property Highlights:•Lot Size: 8,137 sq. ft. (66’ x 123’)•Developed Space: 8,524 sq. ft.oUpper Level: 3,910 sq. ft. with soaring 15 ft ceilingsoLower Level: 3,944 sq. ft. with spacious 9 ft ceilings•Cap Rate Expectation: 6.0% CapCurrently home to an established, quality Italian furniture and design studio, this property offers incredible potential for a wide range of uses, including a studio, restaurant, music venue, or diverse retail concepts.Historical and Architectural Significance:Originally constructed in 1950 as St. George's Odd Fellows Lodge Hall, the building holds a rich history as a social hub and contributor to East Calgary's commercial vitality. Its Art Moderne style, featuring smooth stucco exteriors, vertical buttresses, and projecting corner piers, makes it a distinctive and valuable addition to the historical streetscape of 9th Avenue—Calgary's first main street.This well-preserved building continues to reflect its original character while offering modern adaptability. The solid concrete block construction presents the exciting potential for expansion, such as a rooftop patio or an additional floor.Don’t miss this exclusive opportunity to own a property that blends historical charm, architectural significance, and immense future potential in one of Calgary's most sought-after neighborhoods.Contact your realtor today to explore this unique offering! (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of D.C. & Associates Realty. Source attribution · REALTOR.ca

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