20, 12221 44 Street Se Calgary, Alberta T2Z 4H3

3,624 ft2

$825,000

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:52784)

Property Details

MLS® Number A2185013
Property Type Industrial
Community Name East Shepard Industrial
Plan 0710586

Building

Constructed Date 2008
Size Exterior 3624 Sqft
Size Interior 3,624 Ft2
Total Finished Area 3624 Sqft

Land

Acreage No
Size Total Text Unknown
Zoning Description I-g

https://www.realtor.ca/real-estate/27760531/20-12221-44-street-se-calgary-east-shepard-industrial

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