I have sold a property at 112 16 AVENUE NW in Calgary

I have sold a property at 112 16 AVENUE NW in Calgary.
Highly visible two-story office building on 16th Ave. NW with recognizable pylon sign of a gorilla in the front of the building. For sale is 2 parcels of land, one parcel is immediately behind the building at 111 17th Avenue NW, used as the parking stalls for the building for 15-25 cars with additional 5-7 stalls directly behind the building. This building is comprised of 4 suites totalling 7738 SQ FT. The main floor has two Tenants (this space was totally renovated by the landlord five years ago): 1210 sq ft/unit, one with access from the rear of the building. Other suite with front entrance, leased until May 2022 & has stairs leading to 2nd floor offering tenant add'l 2400 sq ft office space. Second floor also has a small office occupied by owner. The basement level is partially rented out as a dance studio (1650 sq ft). The rest of the space is used as storage. Lot size per parcel is 125’x37.5’. Owner has spent over $100,000 upgrades with new mechanicals thru out and Tenant improvement packages.
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