1217 Centre Street NW Calgary, Alberta T2E 2R3

15,811 sqft

$3,500,000

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. (id:52784)

Property Details

MLS® Number A2349331
Property Type Office
Community Name Crescent Heights
Features See Remarks, Lane
Parking Space Total 30
Plan 3946n

Building

Constructed Date 1978
Size Exterior 15811 Sqft
Size Interior 15,811 Sqft
Total Finished Area 15811 Sqft
Type Offices

Land

Acreage No
Size Irregular 0.37
Size Total 0.37 Ac|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 0.37 Ac|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description C-cor1

https://www.realtor.ca/real-estate/30346495/1217-centre-street-nw-calgary-crescent-heights

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