Prime Inglewood Commercial Property Rare Retail Opportunity – BUSINESS RELOCATING This exceptional commercial/retail property presents an unparalleled opportunity in the heart of Inglewood. With the tenant planning to relocate, the property offers vacant possession or the possibility of a short-term leaseback.Strategically located just one block west of the proposed Brewery Rail Lands Development—anticipated to add ±1,500 residents and ±800 jobs to the neighborhood—this property is ideally positioned for significant growth and vibrancy.Property Highlights:•Lot Size: 8,137 sq. ft. (66’ x 123’)•Developed Space: 8,524 sq. ft.oUpper Level: 3,910 sq. ft. with soaring 15 ft ceilingsoLower Level: 3,944 sq. ft. with spacious 9 ft ceilings•Cap Rate Expectation: 6.0% CapCurrently home to an established, quality Italian furniture and design studio, this property offers incredible potential for a wide range of uses, including a studio, restaurant, music venue, or diverse retail concepts.Historical and Architectural Significance:Originally constructed in 1950 as St. George's Odd Fellows Lodge Hall, the building holds a rich history as a social hub and contributor to East Calgary's commercial vitality. Its Art Moderne style, featuring smooth stucco exteriors, vertical buttresses, and projecting corner piers, makes it a distinctive and valuable addition to the historical streetscape of 9th Avenue—Calgary's first main street.This well-preserved building continues to reflect its original character while offering modern adaptability. The solid concrete block construction presents the exciting potential for expansion, such as a rooftop patio or an additional floor.Don’t miss this exclusive opportunity to own a property that blends historical charm, architectural significance, and immense future potential in one of Calgary's most sought-after neighborhoods.Contact your realtor today to explore this unique offering! (id:47421)
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Detailed Information
Lot
20.12 x 37.49 m
Listing Contract Date
2025-01-24
Municipal ID
0017553836
Ownership Type
Freehold
# of Parking Spaces
6
Plan
A3
Property Type
Retail
Transaction Type
For sale
Total Buildings
1
Zoning Description
DC (pre 1P2007)
Building
Ceiling Height
180 inches
Constructed Date
1950
Cooling Type
Central air conditioning
Exterior Finish
See Remarks
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Size (Exterior)
7853.66 square feet
Total Finished Area
7853.66 sqft
Type
Retail
Land
Total Size
8137.52 square feet
Size of Irregular Land
8137.52
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