For SaleFor sale
125 Main Street N
125 Main Street N
$10,880,000
MLS® A2172159
0
Bedrooms
0
Bathrooms
27,443
Area (sqft)
1984
Year Built
59
Parking
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!
Features
- Floor Furnace
- Forced Air
- Natural Gas
- Central Air
- Tar/Gravel
Essential Information
- MLS® #
- A2172159
- Property Type
- Commercial
- Property Sub Type
- Retail
- Year Built
- 1984
- Days on Market
- 625
Community
- Community
- Downtown
- Postal Code
- T4B 0R8
- County
- Airdrie
Services & Amenities
- Parking Spaces
- 59
- Heating
- Floor Furnace, Forced Air, Natural Gas
- Cooling
- Central Air
Exterior
- Roof
- Tar/Gravel
Location
Mortgage estimate
Estimates only. Actual rates and payments may vary based on lender, credit, and property type.
Listed by Bennett Edwardson, Manchester Properties Inc. · MLS® A2172159. Listing data provided by Pillar 9™. Information deemed reliable but not guaranteed.