1217 Centre Street Nw, Calgary
An exceptional opportunity to acquire a well-positioned, income-producing commercial asset in Calgary’s established Crescent Heights community. The Hala Building offers prominent Centre Street exposure, a strong multi-tenant profile and an extensive parking offering that includes heated underground parking and surface stalls. The property is home to a diverse mix of established professional and service-oriented tenants, creating a balanced commercial environment and a solid foundation for an investor seeking ongoing income. The location is a significant component of the asset. Situated along Centre Street in Crescent Heights, the property benefits from excellent visibility, strong vehicle and pedestrian exposure, convenient transit access and immediate proximity to Calgary’s downtown core. The surrounding area combines established residential neighbourhoods with a growing mix of professional services, retail, restaurants and amenities, providing a strong tenant base and convenient accessibility. With income-producing tenancy, substantial parking, prominent exposure and an opportunity to further enhance the asset through lease-up, the Hala Building represents a compelling commercial investment opportunity in one of Calgary’s established inner-city corridors. (id:1945)
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Property details for 1217 Centre Street Nw, Calgary
- Type
- Commercial
- Living Area
- 15,811 square feet
- Lot Size
- 0.37
- Ownership
- Freehold
- Annual Taxes
- $78,185 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 1217 Centre Street Nw
Active Listings
766
Min Price
$18
Max Price
$11,300,000
Avg Price
$698,552
Days on Market
85
days
Sold Listings
253
Min Sold Price
$40,000
Max Sold Price
$6,578,000
Avg Sold Price
$627,194
Days until Sold
70
days
Neighbourhood Census Data
Calgary, Alberta
Population
606
Median Age
38.8
Median Income
$56,704
Dwelling Value
$725,106
Housing Tenure
Owners 71%
Renters 29%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.1
Pop. Density: 1,420.2/km²
Avg Shelter Cost: $1,590/mo
Owners with Mortgage: 41%
Owners Spending 30%+: 20.5%
Tenants Spending 30%+: 25%
English only: 86%
English and French: 9.9%
Neither: 4.1%
Median Household Income: $108,288
Median Employment Income: $54,784
Price History
Listed
September 30, 2026
by RE/MAX Key
Current Price
$3,500,000
Type
Commercial
For Sale
