125 Main STREET N Airdrie AB T4B 0R8 Airdrie

125 Main STREET N Airdrie AB T4B 0R8
Price	$ 10,880,000
Listing ID	A2172159
Property Type	Retail
County	Airdrie
Neighborhood	Downtown
Year Built	1984
Days on website	206

Description

This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the â€˜Downtown Revitalization Plan Areaâ€™ 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!

Location

Financial Information

List Price: $ 10880000

Property Features

Accessibility Features: Accessible Elevator Installed

Accessto Property: On Major Traffic Route, Public Transportation Nearby, Two-Way Access

Cooling: Central Air

Heating: Floor Furnace, Forced Air, Natural Gas

Roof: Tar/Gravel

Structure Type: Mixed Use

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Direct link: http://www.search.calgaryhomesguide.com/listings/direct/b77a132d484db99c68202473d42b3d30

Listed By: Manchester Properties Inc.

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Last Updated:Thursday, May 1, 2025 4:30 PM

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