Property Details

1217 Centre Street NW
Calgary (A2349331)

$3,500,000
15,811 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

An exceptional opportunity to acquire a well-positioned, income-producing commercial asset in Calgary’s established Crescent Heights community. The Hala Building offers prominent Centre Street exposure, a strong multi-tenant profile and an extensive parking offering that includes heated underground parking and surface stalls. The property is home to a diverse mix of established professional and service-oriented tenants, creating a balanced commercial environment and a solid foundation for an investor seeking ongoing income. The location is a significant component of the asset. Situated along Centre Street in Crescent Heights, the property benefits from excellent visibility, strong vehicle and pedestrian exposure, convenient transit access and immediate proximity to Calgary’s downtown core. The surrounding area combines established residential neighbourhoods with a growing mix of professional services, retail, restaurants and amenities, providing a strong tenant base and convenient accessibility. With income-producing tenancy, substantial parking, prominent exposure and an opportunity to further enhance the asset through lease-up, the Hala Building represents a compelling commercial investment opportunity in one of Calgary’s established inner-city corridors.

Property details

Basic Info

MLS® #
A2349331
Property Type:
Commercial
Subtype:
Office
Subdivision:
Crescent Heights
Price
$3,500,000
Sale/Lease:
For Sale
Size:
15,811 sq.ft.
Year Built:
1978 (48 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Building Name:
Hala Building
Garage:
No
Fence:
Basement:
No
Inclusions:
As is.

Lot / Land Info

Lot Size:
0 acres
Zoning:
C-COR1

Listing Info

Possession:
Negotiable
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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