4655 37 ST SW new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T3E 3C8
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Glamorgan
MLS Listing ID A2208385
Originating Board Calgary
Year Built 1978
Annual Tax Amount $45,523
Tax Year 2024
Property Sub-Type Retail
Property Description
((INVESTOR ALERT)) We have a high-income generating strip mall in the heart of SW for sale. Fantastic 5-unit retail commercial building that is fully leased out. Located off 37 street SW and Glenmore Tr SW, this highly visible corner property boasts 16 parking stalls, a nearby bus stop for transit and a short walking distance to Mount Royal university campus.
Zoned for Commercial Neighbourhood 2 (C-N2) with a combined total building size of 7,431 SQ FT on a 14,477 SQ FT lot. The building has been owned and well maintained for over 20 years with no major issues. In addition, the seller has completed environmental Phase 1 and 2 last year with no findings.
With an exploding Calgary population and demographic that is growing exponentially, here is an opportunity to own a rare commercial strip mall that does not often come around. Surrounded by affluent neighbourhoods and priced at 6% cap rate. Do not miss this if you want to invest into the Calgary market.
Location
Province AB
County Calgary
Area Cal Zone W
Zoning C-N2
Exterior
Roof Type Asphalt Shingle
Total Parking Spaces 16
Others
Restrictions None Known
Tax ID 95052992
Ownership Private