JN REAL ESTATE GROUP

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

LISTING COURTESY OF BENNETT EDWARDSON · MANCHESTER PROPERTIES INC.

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.