Connect

1048 8 Street SE, Calgary, T2G 2Z4

Commercial - Mixed Use For Sale in Ramsay

$1,200,000

Beds
Baths
Sqft
1913Built
74DOM
MLS® #: A1023853
Active, 74 Days on Market

Unique investment opportunity in highly desirable Ramsay – own a commercial corner with existing tenants and income at 6.2% cap rate. Prime corner commercial 1,434 sq ft 2-storey building with two tenants, plus 989 sq ft bungalow on the same lot. Two-storey building features destination restaurant and cannabis retail, both with modern mechanical upgrades inside including HVAC, electrical, plus new concrete floors poured over new in-floor heating system.. Character 1950 bungalow has been well-maintained and features an open main floor plan plus finished basement, and allows for commercial or residential uses. Call today for details!

Essential Information

MLS® #: A1023853
Price: $1,200,000
Bathrooms: 0.00
Acres: 0.00
Year Built: 1913
Type: Commercial
Sub-Type: Mixed Use
Status: Active

Community Information

Address: 1048 8 Street SE
Subdivision: Ramsay
City: Calgary
County: Calgary
Province: Alberta
Postal Code: T2G 2Z4

Exterior

Lot Description: Corner Lot, Rectangular Lot
Roof: Asphalt
Construction: Wood Frame
Foundation: Concrete

Additional Information

Days on Market: 74
Zoning: C-N1

Listing Details

Listing Office: RE/MAX REAL ESTATE (CENTRAL)

MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on October 29th, 2020 at 11:30am MDT.