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Home AB Nanton
A & B, 2109 20 Street
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A & B, 2109 20 Street $799,900
$799,900
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A & B, 2109 20 Street
Nanton, Alberta T0L1R0

MLS® Number: A2169095
3
Bedrooms
5
Bathrooms
2306
Square Feet

Listing Description

Discover the ultimate investment opportunity with this versatile property, featuring spacious living quarters, a fully equipped Airbnb suite, and two prime commercial spaces-perfect for maximizing both residential and business potential. Situated on Nanton’s vibrant and charismatic Main Street, this multi-use heritage building was substantially renovated in 2015. The residential aspect of this beautiful building consists of a one bedroom loft style apartment (1,173.77 sq ft)-operating as an Airbnb business.. A striking space with endless windows, designed to take in the tree top view and having two half baths, a shower room and a large, modern kitchen with six seat diner-style bar. The two bed + den apartment (1,131.91 sq ft)-Owner occupied, has the most incredible heated hardwood floor.. There’s an expansive monochrome kitchen with induction cooktop, professional grade extraction, integrated convection oven and dishwasher, alongside well proportioned counter space. The primary bedroom is en-suite and features double sinks double showers, a bubble jet tub and a Japanese toilet. Both apartments have an abundance of real plants in the purpose-built planters. They share and look onto an incredible split level rooftop terrace of 825 sq ft. The terrace is a garden in the sky with its own well established trees and plants. Its sunken/hidden nature keeps it protected from the wind and as such, is private and secluded. These apartments have been design-led and truly have to be seen to be appreciated! In its current configuration, the commercial spaces are one retail unit at approx 1,000 sq ft (operating as a coffee shop) and another of approximately 3,800 sq ft (operating as a mini mall of boutique shops). These spaces benefit from having many original features retained, such as brick, hardwood floors and even a bank vault! With generous ceiling heights, good lighting (both natural and artificial) and modern electrical systems. There is a poured concrete basement of approxi mately 2,400 sq ft. It offers a large open storage area as well as an office, a washroom and additional storage spaces. A loading bay at the rear of the building and two off-street spaces with plug-ins means practicality for many business types. The majority of the HVAC, electrical and plumbing was renewed during the 2015 renovation. There are 400 Amps at service entry with 100 Amp sub panels throughout the building. Total Gross income 86,000$ with NOI of 61,000$ (Cap rate 7.25%) which can be substantiated for serious buyers (29648393)

Property Summary

Property Type
Single Family
Building Type
Apartment
Square Footage
2306 sqft
Title
Freehold
Land Size
6003.89 sqft|4,051 - 7,250 sqft
Built in
1924
Annual Property Taxes
$5,602.65
Parking Type
Other
Time on REALTOR.ca
54 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
5
Partial
3
Interior Features
Appliances Included
Washer, Refrigerator, Wine Fridge, Oven, Cooktop - Induction
Flooring
Hardwood
Building Features
Features
No Animal Home, No Smoking Home
Foundation Type
Poured Concrete
Style
Attached
Construction Material
Wood frame
Heating & Cooling
Cooling
None
Heating Type
Forced air, In Floor Heating
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Golf Course Development
Amenities Nearby
Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping
Parking
Parking Type
Other
Total Parking Spaces
2

Measurements

Square Footage
2306 sqft
Total Finished Area
2306 sqft

Rooms

MetricImperial
Main level
5pc Bathroom
3pc Bathroom
Other
Living room
Dining room
Kitchen
Office
Primary Bedroom
Bedroom
Furnace
2pc Bathroom
2pc Bathroom
2pc Bathroom
Other
Living room
Dining room
Kitchen
Primary Bedroom

Land

Lot Features
Frontage
15.24 m
Land Depth
36.6 m
Other Property Information
Zoning Description
C1
Data provided by: Pillar 9™
403-703-3427
403-601-6096
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