info@settlersrealty.ca
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$799,900
 
2780 Sq.Ft.
1015, 4231 109 Avenue NE, Stoney 3, Calgary, Alberta, T3N2B1
MLS® Number: A2260129

Industrial for Sale in Avenue NE Stoney 3 Calgary

Property Information

This prime commercial property offers a versatile investment opportunity with both office and warehouse components. The top floor features seven offices currently rented on a month-to-month basis, providing flexible tenancy options, while the main floor office area offers an excellent opportunity for an investor to secure additional income or for an owner-user seeking their own space, and the owner also has the option to lease out this main floor office area to further boost revenue. And that's not all! The main floor also includes a considerably large warehouse space at the back that is also rented out. This property has historically generated $8,200 per month at full occupancy, supporting an estimated cap rate in the mid-8% range, a remarkably strong return for a property in this location and asset class. Even for an owner-user who occupies part of the building, the remaining rentable areas still provide the opportunity to achieve a highly attractive cap rate, making this property a strong and flexible income-generating asset. Situated in a high-traffic, rapidly growing business area, this property delivers outstanding long-term potential with the opportunity to further enhance returns through strategic leasing. (id:50315)

Property Summary
Property Type

Industrial

Building Type

Storey

Community Name

Subdivision Name

Stoney 3

Title

 

Land Size
2780Sq.Ft.
Built in
2019
Annual Property Taxes
$15640
Parking Type
Published
135 days
Building
Bedrooms
Total
Below Grade
 
Bathrooms
Total
Partial
Interior Features
Appliances Included

Flooring

Basement Features

Basement Type

Building Features
Features

Foundation Type

Architectural Style

Construction Material

Floor Space
2780.00Sq.Ft.
Total Finished Area
2780.00Sq.Ft.
Structures
Heating & Cooling
Cooling
Fireplace
Heating Type
Exterior Features
Exterior Finish
Neighbourhood Features
Amenities Nearby
 
 
Parking Type
Total Parking Spaces
Interested in this property?
Kuldip Singh Parmar
Kuldip Singh Parmar
Associate
Balpreet Tehri
Balpreet Tehri
Associate
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