Downtown
LIST PRICE
$10,880,000
125 Main Street N, Airdrie · T4B 0R8
BUILT 1984
MLS A2172159 · 639 DAYS ON MARKET
Interested in this home?
JN Real Estate Group can arrange a private viewing and answer anything the listing doesn’t. A real person who knows the area — no pressure.
RE/MAX Complete Realty · Calgary
What this home — and yours — is really worth right now.
ABOUT THIS HOME
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!
DETAILS
BUILDING
- TYPE
- Retail
- YEAR BUILT
- 1984
- ROOF
- Tar/Gravel
PARKING
- TOTAL PARKING
- 59
COMMUNITY
- COMMUNITY
- Downtown
- ZONING
- M3
- POSTAL CODE
- T4B 0R8
UTILITIES & COSTS
- HEATING
- Floor Furnace · Forced Air · Natural Gas
- COOLING
- Central Air
- ANNUAL TAXES
- $20,400