Fully leased, well maintained industrial condo located in the Southbend Industrial Park near Barlow Trail and Deerfoot Trail, and south of 114 Ave SE. Concrete block and concrete slab construction complete with a concrete mezzanine. The main floor consists of a reception area, change rooms c/w showers, handicap washrooms and a large warehouse with 24’ ceiling and bay door. The mezzanine, which has its own separate entrance and washroom, is set up as a dance/fitness studio. Main floor is leased to a martial arts studio and the second floor leased to a dance/fitness studio. 100-amp service, ample allocated parking, fenced storage unit, and with a cap rate of 5.7% in 2024 escalating to 6.0% in 2025. The condo unit is professionally managed for a hands-off investment. See Brochure for more information. Neighbouring Unit #10 preferably can be sold together. (28135120) (id:55577)
Property Features
- MLS® Number A2185013
- Price $825,000
- Square Footage: 3624 sqft
- Community Name: East Shepard Industrial
- Plan 0710586
Buildings
| Constructed Date | 2008 | Size Exterior | 3624 Sqft |
| Size Interior | 3624 Sqft | Total Finished Area | 3624 Sqft |
Land
| Acreage | No | Size Total Text | Unknown |
| Zoning Description | I-g |
Agents and Offices
- Rocky Mix
- Office: Greater Property Group