This three-story building, situated on an 11,948-square-foot lot, holds 10 distinct titles. It encompasses two commercial units: a 3,452 sq. ft. main floor space currently leased to a doctor and a 2,000 sq. ft. lower level space occupied by a church. Additionally, the property boasts 8 upgraded two-bedroom residential units, each with an area of 796 sq. ft. With 21 exterior ground-level parking stalls. This property is ideally located across from SAIT and mere minutes from downtown, making it a prime revenue-generating asset with diverse tenants. A Phase I environmental assessment was completed in 2014, and the property achieved a gross revenue of $260,000 in 2023. There is also potential to convert the building units into a condominium. there are 10 separate titles for units 1 and 2 and also apartments units 101-104 and 201-204 for the apartments (id:55577)
Property Features
- MLS® Number A2143535
- Price $3,950,000
- Square Footage: 9820 sqft
- Property Type: Commercial Mix
- Community Name: Capitol Hill
- Parking Space Total 25
- Plan 0010520
Buildings
| Constructed Date | 1971 | Size Exterior | 9820 Sqft |
| Size Interior | 9820 Sqft | Total Finished Area | 9820 Sqft |
| Type | Commercial Mix |
Land
| Acreage | No | Size Irregular | 1110.00 |
| Size Total | 1110 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) | Size Total Text | 1110 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | Dc |
Agents and Offices
- John Oliverio
- Vince Oliverio
- Office: RE/MAX Real Estate (Central)