$3,500,000
( $221.36Per Sq Foot )
 $18,789 est/mo Sourced by Back At You

1217 Centre Street NW,Calgary, AB T2E2R3

Calgary, AB T2E2R3

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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. (id:374)

Details

MLS #A2349331
Listing TypeFor Sale
StyleOffices
StatusActive
Year1978
Days On Site37
Listing Provided ByRE/MAX Key | Ria Mavrikos

Features

SQ Feet15,811
ZoningC-COR1
Acreage0.37

Interior

Fireplace Yes / NoNo

Exterior

Lot FeaturesSee remarks, Lane

Parking

Parking Total30

Taxes

Tax Annual Amount78185.27
Tax Block14
Tax Lot14, 13-17
Tax Year2026

Area Information

ProvinceAB
CityCalgary
Postal CodeT2E2R3
Community NameCrescent Heights
Listing VS Median (in Crescent Heights)
Price:
$3,500,000
low | high
Med:
$549,780
100% of Average
sqft:
15,811
low | high
Med:
1,674
100% of Average
$ / sqft:
$221
low | high
Med:
$328
2% of Average
On site:
37
low | high
Med:
50
74% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityCalgary
Postal CodeT2E2R3
Community NameCrescent Heights
Listing VS Median (in Crescent Heights)
Price:
$3,500,000
low | high
Med:
$549,780
100% of Average
sqft:
15,811
low | high
Med:
1,674
100% of Average
$ / sqft:
$221
low | high
Med:
$328
2% of Average
On site:
37
low | high
Med:
50
74% of Average
Sourced by Back At You
Listing Updated: November 5, 2026 at 10:50:55 PM PST