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Nick Penney
info@nickpenney.com$780,000
Est. payment /mo
1,309 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium/Strata
Listing Status Active
Purchase Type For Sale
Square Footage 1,309 sqft
Price per Sqft $595
Subdivision Beltline
MLS® Listing ID A2168309
Condo Fees $1,109/mo
Originating Board Calgary Real Estate Board
Year Built 2007
Property Description
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. (id:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 3
Private Pool No
Others
Ownership Condominium/Strata
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Nick Penney