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C$ 10,880,000
27,443 SqFt
C$ 10,880,000
27,443 SqFt
Key Details
Property Type Other Types
Sub Type Retail
Listing Status Active
Purchase Type For Rent
Square Footage 27,443 sqft
MLS Listing ID A2172159
Subdivision Downtown
Property 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!
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!
Location
State AB
Zoning M3
Direction N
Interior
Heating Floor Furnace, Forced Air, Natural Gas
Cooling Central Air
Fireplace No
1-purchase type For Rent
Exterior
Waterfront No
Roof Type Tar/Gravel
Accessibility Accessible Elevator Installed
Total Parking Spaces 59
Building
Dwelling Type Mixed Use
Others
Restrictions Call Lister
Listed by Manchester Properties Inc.
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