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Renanza Realty
For sale

1217 Centre Street NW

Calgary, Alberta

MLS® A2349331

$3,500,000

Status
Active
Property type
Office
MLS® number
A2349331
Bedrooms
—
Bathrooms
—
Year built
1978

Listing 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.

Property summary

MLS® number
A2349331
Property type
Office
Building type
Offices
Size
15,811 sq ft
Title
Freehold
Land size
0.37 acres
Built in
1978
Annual property taxes
$78,185.27
Parking
30 spaces
Days on market
1 day

Features & details

Lot features
See remarks, Lane

What would this home cost you?

Based on the $3,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$16,285 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Key, CHESTERMERE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.