
Courtesy of: Allen Tian, Associate Broker, CIR Realty
$1,380,000
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6,675 square feet
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Retail
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$1,380,000
2116 14 Street NW This Commercial-Corridor 2 (C-COR2) zoned two-storey retail building presents a prime investment opportunity in Capitol Hill, strategically positioned along 14th Street and 21st Ave. Situated on a 5, 000+ sq. ft. lot, the 4, 600+ sq. ft. building, plus a 2, 300 sq. ft. basement, accommodates a diverse tenant mix, including a liquor store, music school, coffee machine repair shop, and hair salon, providing a stable income stream with a 2025 city assessment of $1.46 M. The property features eight dedicated parking stalls and underwent electrical upgrades in 2022. With significant redevelopment potential, including the possibility of rezoning for a taller mixed-use development, this high-exposure, high-traffic location offers a compelling opportunity for investors seeking both immediate returns and long-term appreciation. The property may be sold together with the adjacent commercial-zoned( C-COR2) parcel ( MLS # A2284415 ) , offering additional & greater potential. Please DO NOT approach the tenants without a viewing appointment. (id:203)