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1334-1340 12 Ave SW - The Ravenwood

938 SF Retail Condo Unit Offered at $428,206 USD in Calgary, AB T3C 3R9

Investment Highlights

  • Great Revenue
  • Long Term Tenants
  • The area features numerous cafes, restaurants, boutiques and entertainment venues
  • 7% Cap
  • High Foot Traffic in one of Calgary's most bustling neighborhoods, with diverse mix of residents, businesses and attractions

Executive Summary

A building with high visibility located between 12 Avenue and 13 Street. Various bus routes nearby and walking distance to Sunalta LRT station. Walking distance to various amenities.

Property Facts

Price $428,206 USD
Unit Size 938 SF
No. Units 1
Total Building Size 73,176 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Sale Type Investment
Building Class B
Floors 8
Typical Floor Size 8,049 SF
Year Built 1980
Lot Size 0.47 AC

1 Unit Available

Unit 1336/1340

Unit Size 938 SF
Price $428,206 USD
Price Per SF $456.51 USD
Condo Use Retail
Sale Type Investment
Cap Rate 7.03%
NOI $30,112.58 USD
Sale Notes

Investment Condos for Sale. Two units sold together.

Floor Plan
View Photo Floor Plan
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code CC-X (Centre City Mixed Use)
CC-X (Centre City Mixed Use)
  • Listing ID: 31584475

  • Date on Market: 4/23/2024

  • Last Updated:

  • Address: 1334-1340 12 Ave SW, Calgary, AB T3C 3R9

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