240, 318 Nolanridge Crescent Nw, Calgary, Alberta

$999,000

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About 240, 318 Nolanridge Crescent Nw

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)

Features of 240, 318 Nolanridge Crescent Nw

MLS® # A2156910
Price $999,000
Bathrooms 0.00
Acres 0.00
Year Built 2019
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 240, 318 Nolanridge Crescent Nw
Subdivision Nolan Hill
City Calgary
County Calgary
Province Alberta
Postal Code T3R 1W9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed August 11th, 2024
Days on Market 134
Zoning I-C
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRoyal LePage METRO

Listing Map