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$ 10,880,000
Est. payment /mo
Active
125 Main ST North Airdrie, AB T4B 0R8
UPDATED:
03/11/2025 09:25 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Downtown
MLS® Listing ID A2172159
Year Built 1984
Property Sub-Type Retail
Property Description
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!
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
State AB
County Airdrie
Zoning M3
Interior
Heating Floor Furnace, Forced Air, Natural Gas
Cooling Central Air
Exterior
Roof Type Tar/Gravel
Accessibility Accessible Elevator Installed
Total Parking Spaces 59
Building
Dwelling Type Mixed Use
Others
Restrictions Call Lister
Tax ID 56466188
Listed by Manchester Properties Inc.