Map
Link Copied
Listed price in listed location currency (CAD).
$10,880,000

0059

MLS® A2172159

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 446
Approx. Age 1984
MLS® Number A2172159

Property Address: 125 Main Street N, Airdrie, AB, T4B0R8

Average square foot calculated using Size range provided by listing agent.

Description

This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term. This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor. This building is 100% occupied with only one vacancy of 900 sq. Ft. Which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033. Current Net Rental income is $622, 750 + amortization recovery of $57, 800 which equals Total Net Revenue of $680, 600 for 2025. Over the next ten years the total net revenue is projected to average $737, 900 per annum. Click the link below to download the brochure!
MLS® NumberA2172159
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1984
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

N/A

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2024List Date
$10,880,000List Price
  • Commute

Commute

Starting Address
Destination Address
125 Main Street N, Airdrie, AB

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties