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$ 799,900
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5,400 SqFt
$ 799,900
Est. payment | /mo
5,400 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $148
MLS Listing ID A2276409
Year Built 1924
Property Sub-Type Mixed Use
Property Description
Renovated mixed-use property with two retail units,two upper-level apartments,and a standout 895 sq ft split-level rooftop terrace with established trees,wind protection,and excellent privacy. Retail Unit 1 (approx. 1,000 sq ft) is currently a photographic boutique with original brick,hardwood floors,high ceilings,modern lighting,and updated electrical/plumbing. Retail Unit 2 (approx. 3,800 sq ft) is currently configured as a multi-vendor boutique layout with open floor space,a rear loading dock,a distinctive bank vault,and updated electrical/plumbing (with some original finishes retained). Upstairs,Apartment 1 (Airbnb-designed) is a one-bedroom loft (1,174 sq ft) with large windows and treetop views,two half baths plus a separate shower room,and a modern kitchen with a six-seat diner-style bar. Apartment 2 (owner's residence) is a two-bedroom plus den (1,132 sq ft) with heated hardwood floors,a monochrome kitchen (induction cooktop,convection oven,integrated dishwasher),and a primary suite featuring double sinks,double showers,bubble-jet tub,and Japanese toilet. Both apartments include built-in planters with live greenery and direct access to the rooftop terrace. The property also offers a poured concrete basement (approx. 2,400 sq ft) with storage,office,and washroom,plus two off-street parking stalls with plug-ins. Renovated in 2015 with renewed HVAC,electrical,and plumbing,including 400 Amp service with distributed sub-panels. Gross income: $90,248. NOI: $66,375.00 (Cap rate 8%).
Location
Province AB
Zoning C1
Interior
Inclusions Loft style apt-wine fridge, refrigerator, freezer, induction hot plate x 2, oven, dishwasher, washer. 2 bed + office/den unit- oven, induction cooktop, extractor fan, dishwasher, refrigerator
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Others
Restrictions See Remarks
Listed by Century 21 Foothills Real Estate
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