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125 Main Street N

Airdrie T4B 0R8

MLS® Number:  A2172159

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$ 10,880,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1984

YEAR BUILT

https://company.cirrealty.ca/reb/creb/59/A2172159_2.jpg

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MLS® Number
A2172159
PROPERTY TYPE
Retail
LISTING DATE
October-09-2024

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!

COMMUNITY  Downtown.
PROPERTY TYPE  Retail
BUILDING TYPE  Mixed Use
STYLE  N/A
YEAR BUILT 1984
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  Central Air
FIREPLACE  N/A
FLOORING 
HEATING  Floor Furnace, Forced Air, Natural Gas
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  Call Lister
ROOF  Tar/Gravel
TITLE 
BROKER  Manchester Properties Inc.

 

 

ROOMS DIMENSIONS (m) LEVEL