A & B, 2109 20 Street Active Save Request In-Person Tour Request Virtual Tour
Nanton,AB T0L1R0
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,305 sqft
Price per Sqft $347
MLS Listing ID A2169095
Bedrooms 3
Half Baths 3
Originating Board Calgary Real Estate Board
Year Built 1924
Lot Size 6,003 Sqft
Acres 6003.89
Property Description
Discover the ultimate investment opportunity with this versatile property, featuring spacious living quarters, a fully equipped Airbnb suite, and two prime commercial spaces-perfect for maximizing both residential and business potential. Situated on Nanton’s vibrant and charismatic Main Street, this multi-use heritage building was substantially renovated in 2015. The residential aspect of this beautiful building consists of a one bedroom loft style apartment (1,173.77 sq ft)-operating as an Airbnb business.. A striking space with endless windows, designed to take in the tree top view and having two half baths, a shower room and a large, modern kitchen with six seat diner-style bar. The two bed + den apartment (1,131.91 sq ft)-Owner occupied, has the most incredible heated hardwood floor.. There’s an expansive monochrome kitchen with induction cooktop, professional grade extraction, integrated convection oven and dishwasher, alongside well proportioned counter space. The primary bedroom is en-suite and features double sinks double showers, a bubble jet tub and a Japanese toilet. Both apartments have an abundance of real plants in the purpose-built planters. They share and look onto an incredible split level rooftop terrace of 825 sq ft. The terrace is a garden in the sky with its own well established trees and plants. Its sunken/hidden nature keeps it protected from the wind and as such, is private and secluded. These apartments have been design-led and truly have to be seen to be appreciated! In its current configuration, the commercial spaces are one retail unit at approx 1,000 sq ft (operating as a coffee shop) and another of approximately 3,800 sq ft (operating as a mini mall of boutique shops). These spaces benefit from having many original features retained, such as brick, hardwood floors and even a bank vault! With generous ceiling heights, good lighting (both natural and artificial) and modern electrical systems. There is a poured concrete basement of approxi mately 2,400 sq ft. It offers a large open storage area as well as an office, a washroom and additional storage spaces. A loading bay at the rear of the building and two off-street spaces with plug-ins means practicality for many business types. The majority of the HVAC, electrical and plumbing was renewed during the 2015 renovation. There are 400 Amps at service entry with 100 Amp sub panels throughout the building. Total Gross income 86,000$ with NOI of 61,000$ (Cap rate 7.25%) which can be substantiated for serious buyers (id:24570)
Location
Province AB
Rooms
Extra Room 1 Main level 11.33 Ft x 6.00 Ft 5pc Bathroom
Extra Room 2 Main level 8.00 Ft x 3.00 Ft 3pc Bathroom
Extra Room 3 Main level 4.58 Ft x 3.00 Ft Other
Extra Room 4 Main level 9.17 Ft x 9.08 Ft Living room
Extra Room 5 Main level 15.00 Ft x 11.33 Ft Dining room
Extra Room 6 Main level 19.00 Ft x 11.17 Ft Kitchen
Interior
Heating Forced air,In Floor Heating
Cooling None
Flooring Hardwood
Exterior
Garage No
Community Features Golf Course Development
Waterfront No
View Y/N No
Total Parking Spaces 2
Private Pool No
Others
Ownership Freehold