Listing Details

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Data was last updated 2024-08-11 at 17:30:04 GMT

240, 318 Nolanridge Crescent NW   Calgary, Alberta

$999,000
MLS®: A2156910
Discover an outstanding investment opportunity in the vibrant neighborhood of Nolan Hill. This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate. The area is rapidly growing community?this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres. With its strategic location and established tenant base, this commercial bay presents a compelling prospect for investors seeking a reliable and profitable addition to their portfolio in a dynamic, expanding market. 
In addition to its prime location and solid tenant history, the property?s modern infrastructure and design provide long-term value and adaptability for future business needs. Investors will appreciate the strong potential for capital appreciation as the surrounding area continues to develop, making this property not only a stable income-generating asset but also a promising investment for future growth. Don't miss this out (Please note that businesses are not for sale its property only with the long term leases)

Discover an outstanding investment opportunity in the vibrant neighborhood of Nolan Hill. This prime retail commercial bay at #240, 318 Nolanridge Crescent NW, encompasses 1,570 square feet and currently hosts two successful franchise businesses. Situated in the heart of Nolan Hill, a secure and lucrative investment with a solid 6% cap rate. The area is rapidly growing community?this property offers exceptional accessibility via Sarcee Trail and serves as the primary entrance to the new Glacier Ridge community, spanning over 980 acres. With its strategic location and established tenant base, this commercial bay presents a compelling prospect for investors seeking a reliable and profitable addition to their portfolio in a dynamic, expanding market. In addition to its prime location and solid tenant history, the property?s modern infrastructure and design provide long-term value and adaptability for future business needs. Investors will appreciate the strong potential for capital appreciation as the surrounding area continues to develop, making this property not only a stable income-generating asset but also a promising investment for future growth. Don't miss this out (Please note that businesses are not for sale its property only with the long term leases)

Listing Information

Prop. Type:
Retail (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Nolan Hill
Area:
Calgary
Province:
Alberta
MLS® Number:
A2156910
Listing Price:
$999,000

General Information

Year Built:
2019

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This property is listed by Royal Lepage Metro and provided here courtesy of Sally Krulis. For more information or to schedule a viewing please contact Sally Krulis.
Sally Krulis
Re/Max Real Estate (Central)
Phone: 403-616-8130
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.