office/retail building for sale

7
Partnership. Performance. OFFICE/RETAIL BUILDING FOR SALE ±16,322 square feet of excellent quality character office and retail space with direct LRT access and frontage 128 - 7TH AVENUE SE, CALGARY, AB DOWNTOWN OWNER/USER INVESTMENT OPPORTUNITY For more information or to view, please contact: © 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. Paul McKay | 587.293.3365 | [email protected]

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Partnership. Performance.

OFFICE/RETAIL BUILDING FOR SALE±16,322 square feet of excellent quality character office and retail space with direct LRT access and frontage

128 - 7TH AVENUE SE, CALGARY, AB

DOWNTOWNOWNER/USERINVESTMENT OPPORTUNITY

For more information or to view, please contact:

© 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

Paul McKay | 587.293.3365 | [email protected]

Avison Young Real Estate Alberta Inc. © Updated June 2016. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. Original map supplied by © Digital Projections (2007).

Future Development

Site

University of CalgaryDowntown Campus

39611th Ave.

Penn West Plaza

150 - 9Avenue SW

IntactPlace

6405th Ave.

CentennialPlace East

CentennialPlace West

Scotiabank

AVISON YOUNG REAL ESTATE ALBERTA INC.Eighth Avenue Place - West Tower 1200, 585 - 8th Avenue SWCalgary, AB T2P 1G1T. 403.262.3082F. 403.262.3325avisonyoung.com

City of CalgaryDowntown & Beltline

Original base map supplied by Digital Projections - 2007. Updated by Avison Young - Oct 2014.

C

Serv

usCr

edit

Uni

on

Retail

8thAvenue

PlaceWest

8thAvenue

PlaceEast

40 49

Centre 1010

HansonSquare

BOW RIVER

Retail

FutureDev.Site

CityCentrePhase I

CityFuture

CentrePhase II

36

1111th

Avenue Place

StampedeStation

StampedeStation II

9

Mount RoyalThe RoyalCondosMount Royal

Village WestVillage West

CalgaryCo-op

Place 10East

Retail

L E G E N D

(C-Train)

F1RSTTower

5 West Building

27

14 14

56

TelusTelusSky 26

Eau ClaireTower

24

BiscuitBlock

6

C

Solaire21

24

36

36

29

Future Development

Site

P P

Future Development

Site

Future Development

Site

Future Development SiteCentrium

Place

FutureDevelopment

Site

FutureDevelopment

Site

FutureDevelopment Site Future

Development Site

FutureDevelopment Site

Future Residence Inn & Hotel by Marriott

The Brownstone

FutureDevelopment

Site

10th Avenue SWResidential Condos

MARK on 10th

WaterfrontCondos

The Concord

Enmax ElectricalSubstation

622 5th

Grid 5

4355th

Devon Tower

30

5022nd St.

22

LanginPlace

2

Future Oxford Tower

Five TenFifth

6395th Ave.

7155th Ave.

6346th11

BradieBldg.

Avenue West EndCondominiums

FirstCanadian

Centre West

Lougheed

EastTower

Brook�eldPlace

Calgary

BuildingTelephone

Building

TelusBuilding

TelusBuilding

CentralUnitedChurch

SuncorEnergyCentre

TransCanadaTower

FutureDev.Site

James ShortParkade

FutureDevelopment

6

ClarkBuilders

Legion#1

Hudson’sBlock

TheBay

& no

seeL

m ahe

niL

HoltRenfrew

Plains-MidstreamPlaza

7188thAve.

TaylorBldg.Plaza

GibraltarPlace

FutureDevelopment

Site

10357thAve.

Martha CohenTheatre

CentreCourt

Arts Commons Retail

AnthemProperties

ChineseUnited Church

Guardian I

Guardian II

VictoriaSchool

Cowboys

11113rd St.

weN

tne

mpol

eve

D

The Orchard Condos

BMOCentre

StampedeCasino

Nuera1.0

Condos

AluraNuera

Condos

FlamingoBlock

‘ONE’Multi-Use

Development

ImperialLofts

10011st

StreetMustardSeed

Centre

Retail

ThePark

CondosHoultain

Park

ParkPoint

Condos

CamcrestPlace

Retail

PSasso

Condos

LegacyCondos

VetroCondos

Nuera

Notre DamePlace

Duke at MissionResidential Condos

Beltline Towers

6THAND

TENTH

EpiqueHouse

DanishCanadian

Club

BustLoose

Retail

ThePresident

Apt.CalgaryBoard

of EducationBeltlinePark

Res.Condos

K2

Aura

Condos

AuraTower II Tower ICondos

CUPSAlbertaWorks

Exec.Studios

Nova Condos

Luna Condos

29

VistekWest

1313 10 Avenue

Braemar

CallaCondos 12 6

HeathBlock

SmithCondos

DrakeCondos

17

18Nellie

McClungHouse

Mount Royal BlockShoppersDrug Mart

HotelElan

Boxwood Café

Central SheldonM. Chumir

Health Centre

Memorial Park

CentralMemorial Park

Library

TurnerHicksBlock

24

HSBCOpulence

Centre

TDSquare

707 Fifth Street

The CORE Shopping Centre

FutureWest

Tower

Roy Op

Block

WestviewBldg.

VogueCondos

WatermarkTower

8167thAve.

Energy

City of Calgary Downtown & Beltline

Teck Place

Q HauteCuisine

351734

24

24

24

PortfolioRental

Condos

WestTower

CenturyPark Place First

AlbertaPlace

Panarctic

CalgaryBoard ofEducation

33422

VerveResidential

Condos

Fifteen15Residential

Condos

25

31

15

EvolutionResidential

Condos

N3

Resid

entia

lCo

ndos

5

Studio BellNational Music

Centre

CalgaryCentral Library

Imagine Health & Wellness Ctr

City of Calgary Downtown & Beltline

Avison Young Real Estate Alberta Inc. © Updated June 2016. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. Original base map supplied (2007) by © Digital Projections.

Light Rail Transit (C-Train)Number of Floors

LEGEND

Plus 15 ConnectionsProposed Plus 15 ConnectionsOne Way IndicatorCP Rail

3

Original map source: © Digital Projections (2007); last updated by Avison Young, June 2016.

N

PLUS

15

1 Street SE

2 Street SW 3 Street SE

Centre Street S

6 Avenue SW

Stephen Avenue 8 Avenue SE

5 Avenue SW

128 - 7th Avenue SE

Legal Description: Plan A; Block 42; Lot 26, 27

Building Size: Main Floor - ± 5,254 sf

Second Floor - ± 5,450 sf

Lower Level - ± 5,618 sf

TOTAL ± 16,322 sf

Lot Size: 0.14 acres

Zoning: CR 20 - C20 / R20

FAR: 20

2017 NOI: Contact Agent

Price: Contact Agent

Comments:

- Potential for 121,960 sf of future development

- No maximum building height

- Directly adjacent to LRT Station

- Minutes from the Downtown Core

- Excellent character space with quality leasehold improvements, including DIRTT demountable wall systems

PROPERTY DETAILS

LOCATION

OFFICE BUILDING SALE OPPORTUNITY 128 - 7th Avenue SE, CALGARY, AB

The Bow

For more information or to view, please contact:Paul McKay | 587.293.3365 | [email protected]

DOWNTOWN CHARACTER BUILDING FOR SALE 128 - 7th Avenue SE, CALGARY, AB

© 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

DOWNTOWN CHARACTER BUILDING FOR SALE 128 - 7th Avenue SE, CALGARY, AB

Second Floor - ±5,450 sf

Main Floor - ±5,254 sf

FLOOR PLANS

For more information or to view, please contact:

© 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

Paul McKay | 587.293.3365 | [email protected]

DOWNTOWN CHARACTER BUILDING FOR SALE 128 - 7th Avenue SE, CALGARY, AB

Lower Level - ±5,618 sf

FLOOR PLANS

© 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

Disclaimer: Any image or other information contained herein is the property of The City of Calgary or the respective owners of said image or information. All rights are reserved. No images or information contained herein may be reproduced in any form or by any means without the prior written consent of The City of Calgary. While The City of Calgary makes reasonable efforts to ensure the accuracy and reliability of the images and information contained herein, The City of Calgary disclaims all warranties, conditions, or guarantees, expressed or implied, including without limitation warranties and conditions of merchantability and fitness for any particular purpose or non-infringement. The City of Calgary is not responsible for any liability for any direct, indirect, incidental, consequential or other damages resulting from the use, reliance, misuse, or misrepresentation of the images or information contained herein.

Up

Page 3 / 3

Image Credit:Basic Site Information -City of Calgary

Paul McKay | 587.293.3365 | [email protected] more information or to view, please contact:

Permitted Uses(1) Permitted Uses in the CR20-C20/R20:

(a) Park(b) Protective and Emergency Service(c) Sign - Class A(d) Sign - Class B(e) Sign - Class D(f) Utilities

(2) Permitted Uses in the CR20-C20/R20 District if they are located within existing approved buildings:

(a) Accessory Food Service(b) Accessory Liquor Service(c) Artist’s Studio(d) Billiard Parlour(e) Computer Games Facility(f) Convenience Food Store(g) Dinner Theatre(h) Financial Institution

(3) Permitted Uses except if they are located on the second floor of an existing approved building that contains an existing or approved +15 Skywalk System walkway:(a) Catering Service - Minor(b) Counselling Service(c) Fitness Centre(d) Health Services Laboratory - With Clients(e) Medical Clinic(f) Power Generation Facility - Small(g) Radio and Television Studio(h) Service Organization

Discretionary Uses(1) Uses listed in subsections 1306 (2) and (3) are discretionary uses if they are located in proposed buildings or proposed additions to existing buildings in the CR20-C20/R20 District(2) Uses listed in subsections 1306 (3) are discretionary uses in the CR20-C20/R20 District if they are located on the second floor of an existing approved building that contains and existing or approved +15 Skywalk System (3) The following uses are discretionary uses in the CR20-C20/R20 District(a) Addiction Treatment(b) Assisted Living(c) Amusement Arcade(d) Auction Market - Other Goods(d.1) Brewery, Winery and Distillery(e) Child Care Service(f) Cinema(g) Community Recreational Facility(h) Conference and Event Facility(i) Custodial Care(j) Cultural Support(k) Drinking Establishment - Medium

(l) Drinking Establishment - Small(m) Dwelling Unit(n) Health Services Laboratory - Without Clients(0) Home Occupation - Class 2(p) Hotel(q) Indoor Recreation Facility(r) Instructional Facility(s) Liquor Store(t) Live Work Unit(u) Market(u.1) Medical Marijuana Counselling(v) Night Club(w) Outdoor Cafe(x) Outdoor Recreation Area(y) Park Maintenance(z) Parking Lot - Structure(aa) Pawn Shop(aa.1) Payday Loan(bb) Performing Arts Centre

(cc) Place of Worship - Medium(dd) Place of Worship - Small(ee) Post-Secondary Learning Institution(ff) Restaurant: Licensed - Large(gg) Restaurant: Licensed - Medium(hh) Residential Care(ii) School - Private(jj) School Authority - School(kk) School Authority Purpose - Major(ll) Sign - Class C(mm) Sign - Class E(nn) Sign - Class F(oo) Social Organization(pp) Special Function - Class 2(qq) Utility Building(rr) Vehicle Rental - Major(rr) Vehicle Rental - Minor(rr) Vehicle Sales - Minor

(i) Food Kiosk(j) Home Occupation - Class 1(k) Information and Service Provider(l) Library(m) Museum(n) Office(o) Pet Care Service(p) Print Centre(q) Restaurant: Food Service Only - Medium(r) Restaurant: Food Service Only - Small(s) Restaurant: Licensed - Small(t) Retail and Consumer Service(u) Specialty Food Store(v) Supermarket(w) Take Out Food Service(x) Veterinary Clinic

*Complete list including Discretionary Uses: http://lub.calgary.ca/

PERMITTED & DISCRETIONARY USES

OFFICE BUILDING SALE OPPORTUNITY 128 - 7th Avenue SE, CALGARY, AB

1306

1307

© 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

SURROUNDING SHOPS AND SERVICES

OFFICE BUILDING SALE OPPORTUNITY 128 - 7th Avenue SE, CALGARY, AB

Avison Young Real Estate Alberta Inc. © Updated June 2016. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. Original map supplied by © Digital Projections (2007).

Future Development

Site

University of CalgaryDowntown Campus

39611th Ave.

Penn West Plaza

150 - 9Avenue SW

IntactPlace

6405th Ave.

CentennialPlace East

CentennialPlace West

Scotiabank

AVISON YOUNG REAL ESTATE ALBERTA INC.Eighth Avenue Place - West Tower 1200, 585 - 8th Avenue SWCalgary, AB T2P 1G1T. 403.262.3082F. 403.262.3325avisonyoung.com

City of CalgaryDowntown & Beltline

Original base map supplied by Digital Projections - 2007. Updated by Avison Young - Oct 2014.

C

Serv

usCr

edit

Uni

on

Retail

8thAvenue

PlaceWest

8thAvenue

PlaceEast

40 49

Centre 1010

HansonSquare

BOW RIVER

Retail

FutureDev.Site

CityCentrePhase I

CityFuture

CentrePhase II

36

1111th

Avenue Place

StampedeStation

StampedeStation II

9

Mount RoyalThe RoyalCondosMount Royal

Village WestVillage West

CalgaryCo-op

Place 10East

Retail

L E G E N D

(C-Train)

F1RSTTower

5 West Building

27

14 14

56

TelusTelusSky 26

Eau ClaireTower

24

BiscuitBlock

6

C

Solaire21

24

36

36

29

Future Development

Site

P P

Future Development

Site

Future Development

Site

Future Development SiteCentrium

Place

FutureDevelopment

Site

FutureDevelopment

Site

FutureDevelopment Site Future

Development Site

FutureDevelopment Site

Future Residence Inn & Hotel by Marriott

The Brownstone

FutureDevelopment

Site

10th Avenue SWResidential Condos

MARK on 10th

WaterfrontCondos

The Concord

Enmax ElectricalSubstation

622 5th

Grid 5

4355th

Devon Tower

30

5022nd St.

22

LanginPlace

2

Future Oxford Tower

Five TenFifth

6395th Ave.

7155th Ave.

6346th11

BradieBldg.

Avenue West EndCondominiums

FirstCanadian

Centre West

Lougheed

EastTower

Brook�eldPlace

Calgary

BuildingTelephone

Building

TelusBuilding

TelusBuilding

CentralUnitedChurch

SuncorEnergyCentre

TransCanadaTower

FutureDev.Site

James ShortParkade

FutureDevelopment

6

ClarkBuilders

Legion#1

Hudson’sBlock

TheBay

& no

seeL

m ahe

niL

HoltRenfrew

Plains-MidstreamPlaza

7188thAve.

TaylorBldg.Plaza

GibraltarPlace

FutureDevelopment

Site

10357thAve.

Martha CohenTheatre

CentreCourt

Arts Commons Retail

AnthemProperties

ChineseUnited Church

Guardian I

Guardian II

VictoriaSchool

Cowboys

11113rd St.

weN

tne

mpol

eve

D

The Orchard Condos

BMOCentre

StampedeCasino

Nuera1.0

Condos

AluraNuera

Condos

FlamingoBlock

‘ONE’Multi-Use

Development

ImperialLofts

10011st

StreetMustardSeed

Centre

Retail

ThePark

CondosHoultain

Park

ParkPoint

Condos

CamcrestPlace

Retail

PSasso

Condos

LegacyCondos

VetroCondos

Nuera

Notre DamePlace

Duke at MissionResidential Condos

Beltline Towers

6THAND

TENTH

EpiqueHouse

DanishCanadian

Club

BustLoose

Retail

ThePresident

Apt.CalgaryBoard

of EducationBeltlinePark

Res.Condos

K2

Aura

Condos

AuraTower II Tower ICondos

CUPSAlbertaWorks

Exec.Studios

Nova Condos

Luna Condos

29

VistekWest

1313 10 Avenue

Braemar

CallaCondos 12 6

HeathBlock

SmithCondos

DrakeCondos

17

18Nellie

McClungHouse

Mount Royal BlockShoppersDrug Mart

HotelElan

Boxwood Café

Central SheldonM. Chumir

Health Centre

Memorial Park

CentralMemorial Park

Library

TurnerHicksBlock

24

HSBCOpulence

Centre

TDSquare

707 Fifth Street

The CORE Shopping Centre

FutureWest

Tower

Roy Op

Block

WestviewBldg.

VogueCondos

WatermarkTower

8167thAve.

Energy

City of Calgary Downtown & Beltline

Teck Place

Q HauteCuisine

351734

24

24

24

PortfolioRental

Condos

WestTower

CenturyPark Place First

AlbertaPlace

Panarctic

CalgaryBoard ofEducation

33422

VerveResidential

Condos

Fifteen15Residential

Condos

25

31

15

EvolutionResidential

Condos

N3

Resid

entia

lCo

ndos

5

Studio BellNational Music

Centre

CalgaryCentral Library

Imagine Health & Wellness Ctr

City of Calgary Downtown & Beltline

Avison Young Real Estate Alberta Inc. © Updated June 2016. The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young. Original base map supplied (2007) by © Digital Projections.

Light Rail Transit (C-Train)Number of Floors

LEGEND

Plus 15 ConnectionsProposed Plus 15 ConnectionsOne Way IndicatorCP Rail

3

3

8

64 5

7

10

23

1 11 12131415

16

17

18 19

29

2120

22

1. Township Bar & Grill2. Cora3. Best of 7 Barbers4. Money Mart5. Calgary Transit Store6. Edible Arrangements7. Good Earth

8. Much Burrito9. Swine and Sow10. UPS Store11. Mercantino12. Starbucks13. Villa Medina14. Xtreme Pita

15. CIBC16. 6Ten Convenience Store17. Standard18. The Palamino19. Mini Stop Smoke & Coffee Shop20. Calgary Transit Store21. Downtown Flowers

200+ SHOPS & SERVICES

SUBJECTPROPERTY

1 St

reet

SE

1 St

reet

SW

Cent

re S

tree

t S

© 2016 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved.

E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.

Paul McKay | 587.293.3365 | [email protected]