1005-4231 109 NE ave 2,800 SF Retail Unit Offered at £622,788 in Calgary, AB T3N 2B1

PROPERTY FACTS

Price £622,788
Unit Size 2,800 SF
No. Units 1
Total Building Size 27,662 SF
Property Type Retail (Unit)
Property Subtype Storefront Retail/Office
Sale Type Investment
Building Class C
Number of Floors 2
Typical Floor Size 13,831 SF
Year Built 2019
Lot Size 2.00 AC
Parking Ratio 1.05/1,000 SF

1 UNIT AVAILABLE

Unit 1020

Unit Size 2,800 SF
Price £622,788
Price Per SF £222.42
Unit Use Retail
Sale Type Investment
Net Initial Yield 8.00%
NOI £49,823.03
SALE NOTES

Discover an exceptional 8% cap rate investment opportunity with this industrial flex condo for sale in Calgary, priced at $1,150,000. This property boasts multiple tenants, offering a diversified income stream. Conveniently located, it provides direct bus connections to downtown and is within walking distance of over 150 shops, restaurants, wellness centers, and services. Additionally, it's just a 20-minute drive to downtown Calgary or the Calgary Airport, ensuring accessibility and convenience for tenants and clients alike.

AMENITIES

  • Bus Route
  • Corner Lot
  • Security System
  • Signage
  • Recessed Lighting
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Starbucks
Scotiabank
Anytime Fitness

ZONING

Zoning Code IG (https://www.calgary.ca/planning/land-use/online-land-use-bylaw.html?part=4&div=2&alpha=L#section221)
  • Listing ID: 35171569

  • Date on Market: 18/03/2025

  • Last Updated:

  • Address: 1005-4231 109 NE ave, Calgary, AB T3N 2B1