108 17 AVENUE NORTHWEST
Calgary · T2M0M6
$1,990,000
About this residence
With an exploding Calgary population and demographic that is growing exponentially, here is an opportunity to own a rare commercial retail property with land! Highly centralized and located near the busy 16 Ave NW traffic and Centre Street, this beautiful corner lot not only boasts its redevelopment potential, it is also part of the ongoing and complete makeover of the 16 Ave landscape. Additionally, it is inside the city transit LRT expansion projects as well as walking distance from the Bus Rapid Transit.Zoned for Commercial Corridor 2 (C-COR2 f3.0h20) with an approx. 9376 sq ft footprint. The building is a purpose built, fully fixtured restaurant that effectively maximizes the combined 3800 Sqft usable space. Comes with a total of 14+ parking spaces making this high in demand retail restaurant location that various franchises have inquired about.Whether you are looking for investment hold or owner-user, take advantage of this perfect opportunity in the current economic conditions and interest rates coming down. Owner is retiring and priced to sell. (id:61366)
Property details
- Property type
- Retail
- Style
- Retail
- Living area
- 2,000 sq ft
- Year built
- 1979
- Annual tax
- $22,740
- MLS®
- A2174959
- Board
- Calgary
- Status
- Active
- Listed
- Oct 26, 2024
- Updated
- Jun 11, 2026
Financing
Estimated monthly payment
$9,307/mo
Loan amount
$1,592,000
Down payment
$398,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Calgary
Nearby
About the area
Census · T2M- 20,475
- Population
- 37
- Median age
- $92,000
- Median income
- $650,000
- Median home value
- 54%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 108 17 AVENUE NORTHWEST?
108 17 AVENUE NORTHWEST is listed for $1,990,000, in Calgary.
What type of home is 108 17 AVENUE NORTHWEST?
108 17 AVENUE NORTHWEST is a Retail, Retail, built in 1979.
How large is 108 17 AVENUE NORTHWEST?
The home offers approximately 2,000 sq ft of living space.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $9,307. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $22,740 per year.
What is the Calgary area like?
Calgary has a population of about 20,475, a median age of 37, a 54% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Calgary?
The median dwelling value in this area is approximately $650,000, based on census data via Neighbourly.
What is the median household income in Calgary?
The median household income in this area is approximately $92,000.
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