606 Meredith Road NE Bridgeland (Calgary, Alberta, CA - T2E 2W5) Built

$4,500,000
Just Listed!

CIR Realty

Karina Sunderji Karina Sunderji 403-680-1247 (Office) 403-271-0600 (Office) 403 680-1247 (Cell) Request More Info

  • Type: Residential
  • Style: Commercial
  • Development Level: Built
  • Year Built: 1910
  • Taxes: $64,406.88 (2021)
  • Basement: Yes

Description

Rare opportunity to own one of Calgary’s iconic heritage buildings. The De Waal block has stood as a distinguishing feature of Bridgeland since constructed in 1910. The two storey wood frame and brick building features 7,489 sf of retail / commercial bays on the main level and an additional 5,676 sf of residential/office loft inspired living space on the second floor. The property has undergone a full restoration in 2001, received the prestigious Calgary Heritage Authority “Lion Award” for outstanding renovation, and has been meticulously maintained since. The property is identified as a Municipal Heritage Resource, (however is un-designated) which allows complete flexibility for a new owner to determine future designation and use. Main floor anchor tenants include Jin Bar, EKKO Cabinetry and Calgary Musicians Union, amongst others. The half acre lot accommodates over 35 grade level parking spaces plus additional street parking. Outstanding location across from Benevity and a stones throw to the Bow River, Downtown and will be just steps from several new major high rise Condo projects that will significantly increase foot traffic. The property shows excellent tenant retention and long term re-development opportunities.

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