$999,000
FOR SALE

Commercial/Retail

318 Nolanridge Crescent Nw #240
Calgary, AB T3R 1W9

Discover an outstanding investment opportunity in the vibrant neighborhood of Nolan Hill. This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate. The area is rapidly growing community—this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres. With its strategic location and established tenant base, this commercial bay presents a compelling prospect for investors seeking a reliable and profitable addition to their portfolio in a dynamic, expanding market. In addition to its prime location and solid tenant history, the property’s modern infrastructure and design provide long-term value and adaptability for future business needs. Investors will appreciate the strong potential for capital appreciation as the surrounding area continues to develop, making this property not only a stable income-generating asset but also a promising investment for future growth. Don't miss this out (Please note that businesses are not for sale its property only with the long term leases) (id:47421)
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Listed By Royal LePage METRO
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2156910
Last Updated Aug 11, 2024
Property Summary
Property Type Commercial/Retail

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Community Nolan Hill
Price History

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Detailed Information
Listing Contract Date 2024-08-11
Municipal ID 0039317912
Plan 2211785
Property Type Retail
Transaction Type For sale
Zoning Description I-C
Building
Constructed Date 2019
Size (Exterior) 1570 square feet
Total Finished Area 1570 sqft
Type Retail
Land
Total Size Unknown

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