472 12 Avenue SE

Retail For Sale in Beltline, Calgary CC

$780,000
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.
Address 472 12 Avenue SE
List Price $780,000
Property Type Commercial
Type of Dwelling Retail
Area Calgary CC
Sub-Area Beltline
Year Built 2007
Maint. Fee $1,109
MLS® Number A2168309
Listing Brokerage Keller Williams BOLD Realty
Postal Code T2G0B4
Zoning DC (Pre 1P2007)

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Michael Wood

Re/Max First

115, 8820 BLACKFOOT TRAIL S.E. Calgary AB T2J 3J1

Mobile: (403) 708-6400

Office: 403-278-2900

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