Prime location adjacent to 16th Ave with panoramic SAIT views. Mixed-use concrete building featuring 8 fully leased 2 BD/1 BA apartments, ready for renovations to capture higher inner-city NW rental rates. The property offers a unique opportunity, as well as the vacant basement. The move-in-ready main floor is zoned for Health Care Services, 3,452 SF providing an ideal opportunity for an owner-user to establish their practice while benefiting from existing cash flow. Medical users can utilize the 12 dedicated front parking stalls plus street parking, while residents share 11 rear paved stalls. High-ceiling basement commercial space — rare for a mixed-use property. Over $152,000 invested in recent mechanical, boiler, parking lot, and façade improvements. (id:55577)
Property Features
- MLS® Number A2333396
- Price $3,590,000
- Square Footage: 11948 sqft
- Property Type: Apartment
- Community Name: Capitol Hill
- Amenities Near By Schools
- Parking Space Total 23
- Plan 0010520
Buildings
| Appliances | Refrigerator, Range - Electric | Architectural Style | Multi-level |
| Constructed Date | 1971 | Construction Material | Poured Concrete |
| Construction Style Attachment | Attached | Exterior Finish | Concrete |
| Foundation Type | Poured Concrete | Stories Total | 3 |
| Size Interior | 11948 Sqft | Total Finished Area | 11948 Sqft |
| Type | Apartment |
Land
| Acreage | No | Land Amenities | Schools |
| Size Total Text | Unknown | Zoning Description | Dc (m-c2) |
Agents and Offices
- Scott Russell
- Office: Maxwell Canyon Creek