1202 1 Street SW Character Beltline Building For Sale - CED - Cresa

Page created by Dwight Tucker
 
CONTINUE READING
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
PR
                                                 NO ICE
                                                   W      R
                                                      $3 EDU
                                                        ,95 C
         1202 - 1 Street SW                                 0,0 ED
                                                               00
         Character Beltline Building For Sale

                                                         VIEW THE
                                                     VIRTUAL TOUR

Photo Credit: CoStar Group

         Austin Leclerc       David Miles
         403.690.2001         403.809.5859
         aleclerc@cresa.com   dmiles@cresa.com
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
1202 - 1 Street SW

                                                                   Beltline Character
                                                                   Building For Sale in
Sale Price: Now $3,950,000
                                                                   Warehouse District
Space Profile

Premises:               Main Floor:         4,700 sf
                        Second Floor:       2,255 sf
                        Third Floor:        2,255 sf
                        Main - Third:       9,210 sf
                        Rooftop Patio:    2,255 sf
                                                                    Features & Amenities
                        Lower Floor:      4,620 sf
                        Total Area:      16,085 sf                  The building is a unique mix of modern retail space
Site Size:              0.11 acres                                  with a brick and beam original build-out on the
                                                                    second and third floors
Availability:           60 days notice
                                                                    Main floor features high ceilings, tall windows and an
Property Taxes:         $59,555.96 (2021)                           abundance of natural light making this space ideal for
                                                                    retail or restaurant use
Land Use/Zoning:        CC-COR
                        Centre City Commercial Corridor District    The second and third floors features much of the
                        FAR - Base 3.00, Max 9.0                    original woodwork, hardwood floors and ceiling
                                                                    mouldings in most of the private offices
Year of Construction:   1912
                                                                    A rooftop patio with unobstructed, 360 degree views
                                                                    features a gas fireplace and BBQ, counters and
                                                                    perimeter seating to accommodate private events

                                                                    This unique character building is located in the
                                                                    Warehouse District which houses the highest density
                                                                    of historic brick buildings and restored warehouses

                                                                    Conveniently located within walking distance of
                                                                    several amenities including retail, restaurants &
                                                                    eateries, coffee shops, hotels

                                                                    Ample parking is available in the immediate area
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
1202 - 1 Street SW

                     Main Floor
                     4,700 sf

                     Complete open plan with
                     flexibility for several different
                     uses

                     Main floor retail space with
                     high-end modern finishes
                     throughout

                     High ceilings and an
                     abundance of natural light

                     Can be demised to
                     accommodate a smaller tenant
                     with separate entrance off 12th
                     Avenue

                     Main floor features two unique
                     bank safes that can be re-
                     purposed or brought back to
                     original use

                     Lower level has been renovated
                     and currently built-out to
                     include a bright open area for
                     additional offices

                       N
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
Main Floor Photos

Main Floor | 4,700 sf
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
1202 - 1 Street SW

                     Second Floor
                     2,255 sf

                     4 perimeter offices

                     Boardroom

                     Large open area

                     Kitchen/storage

                       N
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
Second Floor Photos

Second Floor | 2,255 sf
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
1202 - 1 Street SW

                     Third Floor
                     2,255 sf

                     4 perimeter offices, one with
                     private washroom

                     Boardroom

                     Kitchen/staff room

                     Stairway leading to rooftop
                     patio

                       N
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
Third Floor Photos

Third Floor | 2,255 sf
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
Roof Top Patio

Photo Credit: Forman’s Menswear   Photo Credit: Forman’s Menswear

Photo Credit: Forman’s Menswear                                     Photo Credit: Forman’s Menswear

Photo Credit: Forman’s Menswear

Roof Top Patio | 2,255 sf
1202 1 Street SW Character Beltline Building For Sale - CED - Cresa
1202 - 1 Street SW
                                                                                                                                                                   Amenities

                                                                                                                                                                   1.   The District
             11th Avenue SW                                                                                                                                        2.   Native Tongues
                                                                                                                                                                   3.   Leopold’s Tavern
                                                   1
                                                                                                                                                                   4.   TenFoot Henry
                                                                                                                                                                   5.   St. James Corner
                                                                                             1202 - 1 Street SW                                                    6.   Subway
                 12th Avenue SW                        2                        3                                        11                                        7.   Shelter
                                                                                4                   7                                                              8.   Anytime Fitness
                                                                                                    8
                                                                                5                                                                                  9.   Starbucks
                                                                                                        9

                                                                                                                                          Centre Street SW
                                                                                                                       10
                                                                                                                                                                   10. Hotshop
                                                                                        1st Street SW

                                                                                                                                                                   11. Hotel Arts
                                                                          6

 Source: Google Earth                                                                                                                                               N

Community Demographics                                                                                                                Location

 Radius                                              2 km                     5 km                          10 km                     Located in the Warehouse District, 1202 - 1Street SW is
                                                                                                                                      a unique character building that is surrounded by several
2020 Population                                      70,953                   116,231                       214,049                   amenities including retail, restaurants, fitness centre/
2025 Population Projection                           79,648                   131,081                       242,457                   studio and eateries.

Pop. Growth 2020-2025                                12.25%                   12.28%                        13.27%                    Half a block away, The District at Beltline is under
Median Age                                           34.1                     34.6                          35.6                      construction is due to be completed by the end of 2021.
                                                                                                                                      The area will feature a central Market Shed to enhance
2020 Households                                      42,215                   64,931                        108,706                   the campus-style amenities in the hub. Amenities will
2025 Households                                      47,935                   74,043                        124,429                   include public gathering spaces, restaurants/eateries and
                                                                                                                                      retail shops.
Household Growth 2020-                               13.55%                   14.03%                        14.46%
2025                                                                                                                                  The Warehouse District is a historic neighbourhood
2020 Median Household                                $74,028                  $77,805                       $83,210                   and has been identified as one of six character areas
Income                                                                                                                                in the Rivers District Master Plan for urban renewal and
2020 Per Capita Income                               $77,815                  $80.504                       $78,158                   to support community engagement via modernizing
Source: CoStar Group                                                                                                                  amenities, historic buildings and warehouses.

Agent Information
Austin Leclerc                                         David Miles
403.690.2001                                           403.809.5859
aleclerc@cresa.com                                     dmiles@cresa.com

Cresa
606 - 4 Street SW, Suite 1400 | Calgary, AB T2P 1T1 | 401.571.8080 cresa.com
Even though obtained from sources deemed reliable, no warranty or representation, express or implied, is made as to the accuracy of the
information herein, and it is subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing
conditions imposed by our principals.
You can also read