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.
Property Details
Price:
$3,500,000
MLS #:
A2349331
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Office
Subdivision:
Crescent Heights
Listed Date:
Sep 30, 2026
Lot Size:
16,117 sqft / 0.37 acres (approx)
Year Built:
1978
See this Listing
Schools
Interior
Exterior
Parking Total
30
Financial
Map
Community
- Address1217 Centre Street NW Calgary AB
- SubdivisionCrescent Heights
- CityCalgary
- CountyCalgary
- Zip CodeT2E 2R3
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
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- East Fairview Industrial
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- Manchester Industrial
- Maple Ridge
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- Meadowlark Park
- Medicine Hill
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- Montgomery
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- Nolan Hill
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- Out of Area Calgary
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- Parkdale
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- Queensland
- Ramsay
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- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
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- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Roxboro
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
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- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
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- South Calgary
- South Foothills
- Southview
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- Spruce Cliff
- St Andrews Heights
- Starfield
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
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- Temple
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- University District
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- University of Calgary
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- Whitehorn
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- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Commercial in Calgary as of Oct 05, 2026
711
Commercial Listed
142
Avg DOM
$717,513
Avg List Price
Property Summary
- Located in the Crescent Heights subdivision, 1217 Centre Street NW Calgary AB is a Commercial for sale in Calgary, AB, T2E 2R3. It is listed for $3,500,000 To schedule a showing of MLS#a2349331 at 1217 Centre Street NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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