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$ 799,900
Est. payment | /mo
5,400 SqFt
$ 799,900
Est. payment | /mo
5,400 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $148
MLS Listing ID A2276409
Year Built 1924
Property Sub-Type Mixed Use
Property Description
Renovated mixed-use property with two retail units, two upper-level apartments, and a standout 895 sq ft split-level rooftop terrace with established trees, wind protection, and excellent privacy. Retail Unit 1 (approx. 1,000 sq ft) is currently a photographic boutique with original brick, hardwood floors, high ceilings, modern lighting, and updated electrical/plumbing. Retail Unit 2 (approx. 3,800 sq ft) is currently configured as a multi-vendor boutique layout with open floor space, a rear loading dock, a distinctive bank vault, and updated electrical/plumbing (with some original finishes retained). Upstairs, Apartment 1 (Airbnb-designed) is a one-bedroom loft (1,174 sq ft) with large windows and treetop views, two half baths plus a separate shower room, and a modern kitchen with a six-seat diner-style bar. Apartment 2 (owner's residence) is a two-bedroom plus den (1,132 sq ft) with heated hardwood floors, a monochrome kitchen (induction cooktop, convection oven, integrated dishwasher), and a primary suite featuring double sinks, double showers, bubble-jet tub, and Japanese toilet. Both apartments include built-in planters with live greenery and direct access to the rooftop terrace. The property also offers a poured concrete basement (approx. 2,400 sq ft) with storage, office, and washroom, plus two off-street parking stalls with plug-ins. Renovated in 2015 with renewed HVAC, electrical, and plumbing, including 400 Amp service with distributed sub-panels. Gross income: $86,000. NOI: $61,000 (Cap rate 7.25%).
Location
Province AB
Zoning C1
Interior
Inclusions Loft style apt-wine fridge, refrigerator, freezer, induction hot plate x 2, oven, dishwasher, washer. 2 bed + office/den unit- oven, induction cooktop, extractor fan, dishwasher, refrigerator
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Others
Restrictions See Remarks
Listed by Century 21 Foothills Real Estate