472 12 Avenue SE, CALGARY

2024-09-25
 

Quick Summary

Location
472 12 Avenue SE, CALGARY, Alberta T2G0B4
Price
$780,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
1309ft2
Year of Construction:
2007

MLS®#A2168309

Property Description

Excellent commercial investment opportunity in the prestigious Arriva Podium building. Get into this lucrative market with Stampede Park’s expanding events centre including the new hockey arena expected to be finished in 2027. This 1,309 square foot retail bay is located on 12th avenue directly across from the coming Stampede Park Hotel with 220 rooms. This turn key triple net investment has been leased to the same tenant since 2009. The tenant pays condo fees (Operating Costs) , municipal taxes and utilities. The current 5 year lease is in place until 2027. Strategically located on 12th Avenue SE there will be ever growing pedestrian and vehicle traffic flowing into this developing area. Currently there are 620 residential units in the adjacent Guardian Towers and 164 residential in the Arriva Tower. Three titled indoor parking stalls (17,18,19) are included. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 1309 sqft
  • Building Type: Retail

Land

  • Land Size: Unknown

Maintenance Fee

  • Maintenance Fee: 1109.27

Ownership

  • Type: Condominium/Strata

Zoning

  • Description: DC (Pre 1P2007)

Information entered by Keller Williams BOLD Realty
Listing information last updated on: 2024-09-24 23:26:59


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$500,000

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April Isaac Associate

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