4655 37 Street Sw Calgary, Alberta T3E 3C8
$4,200,000
((INVESTOR ALERT)) We have a high-income generating strip mall in the heart of SW for sale. Fantastic 5-unit retail commercial building that is fully leased out. Located off 37 street SW and Glenmore Tr SW, this highly visible corner property boasts 16 parking stalls, a nearby bus stop for transit and a short walking distance to Mount Royal university campus.Zoned for Commercial Neighbourhood 2 (C-N2) with a combined total building size of 7,431 SQ FT on a 14,477 SQ FT lot. The building has been owned and well maintained for over 20 years with no major issues. In addition, the seller has completed environmental Phase 1 and 2 last year with no findings.With an exploding Calgary population and demographic that is growing exponentially, here is an opportunity to own a rare commercial strip mall that does not often come around. Surrounded by affluent neighbourhoods and priced at 6% cap rate. Do not miss this if you want to invest into the Calgary market. (id:60626)
Property Details
| MLS® Number | A2208385 |
| Property Type | Retail |
| Neigbourhood | Glamorgan |
| Community Name | Glamorgan |
| Parking Space Total | 16 |
| Plan | 3804hk |
Building
| Constructed Date | 1978 |
| Size Exterior | 7431 Sqft |
| Size Interior | 7,431 Ft2 |
| Total Finished Area | 7431 Sqft |
| Type | Retail |
Land
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | C-n2 |
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June 13 2025 11:12:44
Calgary Real Estate Board
Century 21 Bravo Realty
