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1518 Centre St N
Calgary, AB T2E 2R9

The Madison · Multifamily Property For Sale · 179 Units

Investment Highlights

  • Retail investment property at the BEST Calgary Central location with parkings and existing long term tenants

Executive Summary

Investors alert!! The rare find retail property is located at the BEST and CENTRAL location in Calgary, close to 16 AVE North (Trans-Canada Highway #1.) 30 visitor parking stalls right in front of the store on Centre St. North. Longer term good tenant for last 16 years. The triple net rental income to owner: 2018 -2019 Oct $1400/month, 2019 Nov-2020 Oct $1550/month, 2020 Nov~2021 Oct $1600/month. Act NOW before it's gone! (Please don't disturb or approach the tenant. Thanks for your cooperation)

PROPERTY FACTS

No. Units 179
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Building Size 152,652 SF
No. Stories 6
Year Built/Renovated 2002/2017
Parking Ratio 0.78/1,000 SF
No. Dock-High Doors/Loading 2

zoning

Zoning Code DC (Direct Control)
DC (Direct Control)
  • Listing ID: 11625160

  • Date on Market: 2/16/2018

  • Last Updated:

  • Address: 1518 Centre St N, Calgary, AB T2E 2R9

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