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:374)
| MLS # | A2349331 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Year | 1978 |
| Days On Site | 37 |
| Listing Provided By | RE/MAX Key | Ria Mavrikos |
| SQ Feet | 15,811 |
|---|---|
| Zoning | C-COR1 |
| Acreage | 0.37 |
| Fireplace Yes / No | No |
|---|
| Lot Features | See remarks, Lane |
|---|
| Parking Total | 30 |
|---|
| Tax Annual Amount | 78185.27 |
|---|---|
| Tax Block | 14 |
| Tax Lot | 14, 13-17 |
| Tax Year | 2026 |
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2E2R3 |
| Community Name | Crescent Heights |
| Listing VS Median (in Crescent Heights) | |
Price: $3,500,000 low | high Med: $549,780 sqft: 15,811 low | high Med: 1,674 $ / sqft: $221 low | high Med: $328 On site: 37 low | high Med: 50 | |
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2E2R3 |
| Community Name | Crescent Heights |
| Listing VS Median (in Crescent Heights) | |
Price: $3,500,000 low | high Med: $549,780 sqft: 15,811 low | high Med: 1,674 $ / sqft: $221 low | high Med: $328 On site: 37 low | high Med: 50 | |