Listing Details

125 Main Street, Airdrie

Retail Property for Sale

125 Main Street, Airdrie, MLS® # A2172159
  • MLS®#: A2172159
  • Price: $10,880,000
  • Parking: 59
  • Status: Active
  • Year Built: 1984
  •  
Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

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 97% 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 $612,600 + amortization recovery of $47,900 which equals Total Net Revenue of $660,400 for 2024. Total Net Revenue is projected to increase to $673,800 in 2025 and over the next ten years is a projected average of $718,800 per annum. Click the link below to download the brochure!

Contact Laura Ipsum About MLS® A2172159

Required Field

Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3

property information

  • Property Type: Retail Property
  • MLS®#: A2172159
  • Year Built: 1984
  • Restrictions: Call Lister
  •  

Community Information

  • Address: 125 Main Street
  • Neighbourhood: Downtown
  • City: Airdrie
  • Postal Code: T4B 0R8
  •  

interior

  • Included: N/A
  • Fireplace Details: For Sale
  •  

exterior

  • Roof: Tar/Gravel
  •  

services & amenities

  • Parking: (59 Total Parking Spaces)
  • Heating: Floor Furnace,Forced Air,Natural Gas
  • Heating: Floor Furnace, Forced Air, Natural Gas
  •  
  •  

$10,880,000

Registration Benefits

By Creating an Account You'll Access:

  • More Airdrie Listings Browse through every listing in the MLS® System and do as many different searches as you like!
  • Days on Website & Financial Info See protected details including Days on Website, Taxes, Condo Fees, Possession Dates, and more!
  • Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
  • Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Sign Up Today! No Obligation & Quick Authorization
 
Listing Courtesy of
Manchester Properties Inc.
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

© Copyright 2024, Real Estate Websites by Redman Technologies Inc. | Privacy Policy | Disclaimer | Sitemap

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.