For Sale · Retail

20 14 Street NW, Calgary

20 14 Street NW, Calgary, AB T2N3J8

$2.9M total

2,544 SF

Asset Class

Retail

Size

2,544 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$1120

Occupancy

89%

Year Built

1971

Lot Size

0.27502823691460054 ac

About this property

Four contiguous lots with approximately 100 feet of frontage on 14 Street NW offer a prominent commercial address in Calgary’s Hillhurst/Kensington area, close to the Bow River and downtown. The site at 20 14 Street NW comprises approximately 12,000 sq. ft., with approximately 120 feet of depth, access from a 20-foot rear lane and 16 surface parking stalls.A restaurant and a liquor store occupy the single-storey commercial building, providing rental income while a purchaser evaluates the site’s long-term potential. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$2.85M
Down payment30% · $855K
Interest rate6.25%
Amortization25 years
Occupancy89%
Expense growth2.5%

Monthly debt service

$13K

Projected NOI

$139K

Annual cash flow

$-19K

Cash-on-cash

-2.20%

DSCR

0.88

Going-in cap

4.88%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Halcyon Wealth Partners1,025 SF2030-03
Halcyon Wealth Partners560 SF2030-03
Halcyon Wealth Partners684 SF2030-03

Area demographics

Trade area within 3 miles of the property.

Population

111,335

Households

38,678

Median income

$62,000

Median age

36.7

Daytime population

157,302

5-yr growth

7.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 20 14 Street NW, Calgary.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.