63 Savanna BLVD NE, Calgary, AB T3J 4H1
63 Savanna BLVD NE, Calgary, AB T3J 4H1
63 Savanna BLVD NE, Calgary, AB T3J 4H1
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63 Savanna BLVD NE Calgary, AB T3J 4H1

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Key Details

Sold Price -

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Subdivision Saddle Ridge

MLS® Listing ID A2303375

Sold Date -

Year Built 2019

Annual Tax Amount $10,577

Tax Year 2025

Property Sub-Type Retail

Source Calgary

Property Description

Turnkey triple net retail investment opportunity in the rapidly growing community of Savanna NE Calgary. Located at 63 Savanna Blvd NE, this retail condo is fully leased to Cafe Karak, an established café concept known for its specialty Karak chai, coffee beverages, and strong community presence. This asset is ideal for first-time commercial investors or buyers seeking stable, passive income with minimal management responsibilities. The property operates under a Triple Net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and operating costs, providing ownership with predictable income and reduced overhead. Strategically positioned within Savanna's commercial core, the property benefits from strong residential density, consistent neighborhood traffic, and continued population growth in one of Northeast Calgary's fastest expanding communities. This is a rare opportunity to acquire a well-positioned retail asset under $1M with long-term upside in a high-growth market.

Location

Province AB

County Calgary

Area Cal Zone Ne

Zoning C-N1

Others

Restrictions Utility Right Of Way

Ownership Private

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Listed by eXp Realty

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Ryan Parry

Ryan Parry

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