Calgary, AB T3S 0B7,214 & 216 Initiative AVE SE
Calgary, AB T3S 0B7,214 & 216 Initiative AVE SE
Calgary, AB T3S 0B7,214 & 216 Initiative AVE SE
Calgary, AB T3S 0B7,214 & 216 Initiative AVE SE
Calgary, AB T3S 0B7,214 & 216 Initiative AVE SE
Calgary, AB T3S 0B7,214 & 216 Initiative AVE SE
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$840,000

$884,000

5.0%
Est.Price: ?

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SOLD DATE : 12/03/2023

Key Details

Sold Price $840,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Subdivision Shepard Industrial

MLS® Listing ID A2049091

Sold Date 12/03/23

Condo Fees $794

Originating Board Calgary

Year Built 2012

Annual Tax Amount $16,823

Tax Year 2022

Property Description

Experience the awe-inspiring, unobstructed million-dollar view of the majestic Rocky Mountains from this exceptional industrial bay located within the highly sought-after Calgary SE Shepard Industrial district. A grand water feature enhances the magnificent mountainous backdrop. Boasting an expansive footprint extending across two 1780 sq/ft bays, masterfully upgraded with LED lighting, high-velocity heating and cooling systems, and a fully permitted mezzanine affording sweeping panoramic vistas of the surrounding wildlife pond park sanctuary. A pristine example of excellence, replete with two reception areas, three offices, a sophisticated coffee/break room, and two full bathrooms. The two 14-foot high garage doors and the two-man doors are all strategically positioned to ensure uninterrupted workflow and efficiency. Positioned to the front of the property are six assigned surfaced parking spots. This remarkable commercial investment opportunity has historically generated $9,225.00 per month from Unit 214 & 216 giving you an annual income of over $110,000.00. The vendor has additionally expressed enticing financing options, including lease-to-own, for your consideration. Act immediately by calling to schedule a viewing.

Location

Province AB

County Calgary

Area Cal Zone Se

Zoning DC

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Total Parking Spaces 6

Building

Lot Description Low Maintenance Landscape, Landscaped, Street Lighting, Yard Drainage, Views

Sewer Holding Tank

Water Cistern

Others

Restrictions Board Approval,Building Restriction,Condo/Strata Approval,Lease Restriction,Restrictive Covenant-Building Design/Size,Utility Right Of Way

Tax ID 76524233

Ownership Private

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Listed by Optimum Realty Group

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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