206 11 AVE SE, Calgary, AB T2G 0X8
206 11 AVE SE, Calgary, AB T2G 0X8
206 11 AVE SE, Calgary, AB T2G 0X8
206 11 AVE SE, Calgary, AB T2G 0X8
206 11 AVE SE, Calgary, AB T2G 0X8
206 11 AVE SE, Calgary, AB T2G 0X8
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$ 1,100,000
Est. payment | /mo

9,525 SqFt


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$ 1,100,000
Est. payment | /mo
Save

9,525 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,525 sqft

Price per Sqft $115

Subdivision Beltline

MLS Listing ID A2253836

Condo Fees $2,650/mo

Year Built 1907

Property Sub-Type Mixed Use

Property Description

An investment opportunity! Fully leased with excellent tenants ! Located in 206 - 11th Avenue SE a building constructed in 1909 originally as a warehouse and in 1996 renovated to accommodate its current configuration of commercial and residential space the units are part of the condominium development known as Imperial Lofts. The listing contains two commercial condominium units of 2500 square feet each so 5000 square feet of usable space. There are three tenants operating in the premises,Bud Bar,Velet Bike Ski Cafe and Anime-Shuns. The space is fully sprinklered and heated by a natural gas boiler system shared with the adjacent building. Positioned in one of Calgary's most vibrant inner city districts the commercial units present a rare opportunity to acquire condominium units in a landmark character property. Originally constructed in 1909,this iconic brick building underwent a comprehensive renovation and condominium conversion in 1996,thoughtfully blending its historic architectural charm with its modern functionality. Located in the 4-storey brick and beam building with concrete foundation,exposed post and beam construction,exterior brick facade,and a flat membrane roof. The space is fully sprinklered and serviced by natural gas boiler heating system shared with the adjacent buildings. The main and lower levels are dedicated to the commercial retail uses,while the upper three floors contain 6 residential apartment units. The property benefits from exceptional connectivity,and strong pedestrian activity,proximity to downtown Calgary,and the new entertainment district,the new Scotia Bank Arena and including the imminent Green-Line C-Train.

Location

Province AB

County Cal Zone Cc

Area Cal Zone Cc

Zoning CC-X

Direction SE

Interior

Heating Boiler, Hot Water, Natural Gas

Cooling Partial

Furnishings Unfurnished

Fireplace No

Exterior

Utilities Available Natural Gas Paid, Electricity Connected, Garbage Collection, Heating Paid For, Sewer Connected, Water Paid For, Water Connected

Water Access Desc Public

Roof Type Flat Torch Membrane

Present Use Mixed Use

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Foundation Poured Concrete

Sewer Public Sewer

Water Public

New Construction No

Others

Restrictions Easement Registered On Title,Encroachment

Listed by CIR Realty

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206 11 AVE SE