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1st Floor - Unit 109
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Flex
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386 SF
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$401,338 USD
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Unit Size: 386 SF
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Condo Use: Flex
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Price: $401,338 USD
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Sale Type: Investment
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Price/SF: $1,039.74 USD
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.
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1st Floor - Unit 110
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Retail
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552 SF
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$401,338 USD
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Unit Size: 552 SF
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Condo Use: Retail
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Price: $401,338 USD
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Sale Type: Investment
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Price/SF: $727.06 USD
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.
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Blair Mastin
Avenue Commercial
