This listing includes 1336 and 1340 - 9 Avenue SE. Iconic Inglewood property, back on the market with a new owner driving the sale process with laser focus at a new lower offering price. This corner property offers a total of 16,236 sq ft of land providing a redevelopment opportunity right at center ice in the heart of Inglewood. As an alternative, because the properties are under two titles, a new owner could consider redevelopment opportunities on the corner with an eye to a refurbishment of the Carson block property. The Carson Block was built in 1912 and holds the distinction of being the first reinforced, poured concrete building in western Canada.
Although not officially a historic site, the Carson Block could certainly be considered as a Calgary gem worth preserving.
The building offers 7 apartment units that have been very well maintained with a waiting list of potential tenants. The 3,396 sq ft main floor commercial space is currently occupied by the Dirty Duck Pub and offers an exceptional opportunity for a new operator or division into beautiful retail space. 14 ft ceilings with a concrete floor dividing the first and second floor provides excellent sound barrier between the retail and residential spaces. There is an additional 960 sq ft retail space located on the main floor with 9th Avenue storefront that would be an excellent small business retail option or as an addition into the overall main floor pub space.
The lower-level space offers 4,300 sq ft of usable lease space. The space is open and ideal for a variety of businesses. In the past it has been a dog salon, weed dispensary and I.T. workspace and is currently occupied by an artists studio.
There are 9 parking stalls at the rear of the Carson Block building. The vacant land at the rear of the corner retail could easily be converted to a pay parking lot that would be welcomed by neighboring businesses.
Current income on the property is low when compared to area market rents however internal analysis would place the current Cap rate for the Carson Block at approx. 5.25%. The residual corner property is currently leased on a month-to-month basis and offers an additional $66,000 per year of income to supplement cash flow during a redevelopment approval process or renovation. This property could easily be refurbished and adapted to the neighborhood to provide excellent cashflow. The two tenants in the property would be very happy to sign onto a long term lease at market rates. A facelift to the exterior would make all the difference.
In order to maintain the quiet enjoyment of the property for current tenant’s thorough tours of the property will only be provided after conditional offers are accepted, common area tours can be provided with reasonable notice.
Please note, the asking price for this property is based on an analysis of the net cash flow of the property at 1336 with a capitalization of approx.5.5%. The property at 1340 is considered as land value and a prime development site.
Welcome to 2610 6 Ave NW, a stunning brick exterior home nestled in a highly desirable neighborhood! This beautifully designed residence features an inviting dining room that leads into an open floor concept seamlessly connecting to the gourmet kitchen. The modern kitchen is a chef\'s dream, complete with high-end appliances, ample counter space, quartz countertops, and full-height cabinetry. The living room is highlighted by a cozy gas fireplace adorned with a striking brick accent wall and built-in shelving, creating a warm and welcoming atmosphere for family gatherings or entertaining guests. Sliding doors open to a charming patio, perfect for outdoor entertaining. On the main floor, you\'ll also find a convenient walk-in closet, a thoughtfully designed mudroom for added functionality, and a stylish powder room for guests. Upstairs, the luxurious master suite serves as a tranquil retreat, boasting a lavish 5-piece ensuite with a dual vanity, a walk-in shower with a rainfall showerhead, and a soaking tub, along with a spacious walk-in closet. Two additional well-sized bedrooms share a beautifully appointed full bathroom, while a dedicated laundry room adds to the home\'s practicality. The fully finished basement is an entertainer’s paradise, featuring a wet bar with a beverage fridge, an additional bedroom, and a full bathroom, making it perfect for hosting friends and family. With roughed-in in-floor heating for comfort, as well as rough-ins for speakers and AC, this space offers endless possibilities. The fully fenced lot and double detached garage enhance privacy and create a safe haven for outdoor activities. Conveniently located, this residence offers easy access to schools, vibrant parks, and a variety of shopping and dining options. Don’t miss your chance to experience all the exceptional features and comforts this remarkable home has to offer—schedule a viewing today!
Listing Brokerage: eXp Realty
Charming Home in a Convenient Location. Nestled near schools, a leisure center, and scenic walking trails, this well-maintained one-and-a-half-story home offers both comfort and convenience. Featuring 4 bedrooms and 2 bathrooms, the layout is thoughtfully designed with main-floor laundry and a primary bedroom on the main level for added ease. The kitchen is a standout, boasting elegant quartz countertops and ample cupboard storage, perfect for cooking and entertaining. Outside, you\'ll find a full-length carport and alley access leading to a partially fenced yard. The backyard deck is ideal for hosting BBQs or simply relaxing with friends. This inviting property is ready to welcome you home!
Excellent opportunity to lease retail bay in Saddlepeace Village, to be built in the very happening area with school with over 4,000 kids and Sikh Temple. Just one block away from 88 Ave NE and Metis Trail. It\'s a 4 story apartment building with main floor retail. The building is expected to be ready by end of 2024. Call today to book your space!
Listing Brokerage: Real Estate Professionals Inc.
Are you looking for that perfect spot to build your business? This prime piece of land has the potential to check off all the boxes with easy access to HWY 17, high traffic location, close proximity to the Servus Sports Centre, and numerous other thriving businesses. Get started on your new business venture!
Listing Brokerage: MUSGRAVE AGENCIES
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