Building

Summary

  • Total Square Footage 48,659 sf
  • Site Size 0.83 acres
  • Land-use Direct Control - 106Z82
  • Year of Construction 1980
  • Construction Type Post-tensioned concrete
  • Parking 59 underground parking stalls for commercial (exclusive use)

48,659 sf office and retail-oriented building with prime frontage along 14th Street NW, featuring exceptional visibility in the Hillhurst commercial node and a fully leased office component backed by strong government covenants.

Highlights

Prime Inner-City Location: With Exceptional exposure located along 14th Street NW, the property benefits from high daily traffic volumes and strong street visibility, enhancing long-term leasing appeal and tenant brand presence.

Immediate Value-Add Potential: With approximately 9,000 sf of vacant space — all comprised of restaurant and street-front retail units — the property offers a clear lease-up opportunity for investors seeking near-term upside in rental income and NOI.

Government Office Covenant: The office component is fully leased to government tenants, with Alberta Infrastructure occupying 43% of the building, providing strong covenants and long-term value through potential lease renewal and stability
Flexible Configuration: A mix of unit sizes, corner lot access, and multiple entry points allow for a variety of retail and service-based uses — supporting tenant retention and enhancing leasing flexibility.

Strong Surrounding Demographics: The Hillhurst and Kensington neighbourhoods continue to attract young professionals and residents seeking walkable, amenity-rich communities — driving sustained tenant demand and long-term rental growth.

Established and Well-Serviced Node: The property is situated within one of Calgary’s most desirable urban fringe locations, surrounded by established residential density, public transit (including LRT access), parks, and lifestyle amenities.

Downloads

Confidentiality Agreement

Brochure

Brochure

Team

Avison Young has been retained by BDO Canada Limited in its sole capacity as the Court-appointed Receiver of Starke Capital Corp and 1637102 Alberta Ltd., and not in its personal or corporate capacity (the “Vendor”) on an exclusive basis to arrange for the offering and sale of a 100% interest in the subject property. The subject property is being offered for sale unpriced. Please contact the listing agents below for more information and for details on the offering process.


Please note that any sale will be on strictly on an “as is, where is” basis with no representations or warranties of any nature, and will be subject to approval of the Court of King’s Bench of Alberta.


Additional information can be made available to assist in evaluating this sale offering upon execution of a Confidentiality Agreement by interested parties/prospective purchasing entities. Interested parties will also be provided with a form of offer/purchase and sale agreement acceptable to the Receiver.

Walsh Mannas
Walsh Mannas
Principal, Capital Markets Group
Avison Young
Ryan Swelin
Ryan Swelin
Principal, Capital Markets Group
Avison Young
Kevin Morgans
Kevin Morgans
Principal, Capital Markets Group
Avison Young
Nathan Drury
Nathan Drury
Vice President, Capital Markets Group
Avison Young

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