$2,200,000

Commercial For Sale In Lower Mount Royal, Calgary, Alberta

$2,200,000

Property Information:

Rare inner-city income property in the heart of Lower Mount Royal. This 10-unit, 3-storey walk-up sits on a 6,500 SF M-C2 zoned lot in one of Calgary's most established and desirable SW neighbourhoods, steps from 17th Avenue, restaurants, transit, and amenities.Built in 1963 and solidly constructed, the building offers a suite mix of 4 one-bedroom and 6 two-bedroom units, with current rents running meaningfully below the immediate neighbourhood market, representing a clear value-add opportunity.The right buyer is one who can acquire without conventional financing constraints, optimize the rent roll over the near term, and hold a well-located inner-city asset in a submarket with genuine long-term demand fundamentals. Financials and rent roll available upon request.

Inclusions: laundry machines, equipment, appliances, window coverings, and maintenance equipment

Property Features:

  • Built in: 1963
  • Floor Space (approx): 5000.00 Square Feet
  • Zoning: M-C2
  • No. of Parking Spaces: 10

Courtesy of: CDN Global Advisors Ltd.

Data provided by: REALTORS® Association of Lloydminster & District 5009 48 St., Lloydminster, Alberta T9V 0H7
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