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Home AB Greater Calgary Calgary Glamorgan
4655 37 Street SW
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4655 37 Street SW $4,200,000
2 days ago
$4,200,000
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4655 37 Street SW
Calgary, Alberta T3E3C8

MLS® Number: A2208385

Listing 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. (30331704)

Property Summary

Property Type
Retail
Building Type
Retail
Community Name
Glamorgan
Subdivision Name
Glamorgan
Land Size
Unknown
Built in
1978
Annual Property Taxes
$45,523.85
Total Parking Spaces
16
Time on REALTOR.ca
2 days

Building

Parking
Total Parking Spaces
16

Measurements

Square Footage
7431 sqft
Total Finished Area
7431 sqft
Exterior Building Size
7431 sqft

Land

Other Property Information
Zoning Description
C-N2
Data provided by: Pillar 9™
Enoch Lui