For Sale · Specialty

1, 2, 3, & 4, 258 24 Street, Fort Macleod

1, 2, 3, & 4, 258 24 Street, Fort Macleod, AB T0L0Z0

Price on request

1,787 SF

Asset Class

Specialty

Size

1,787 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

83%

Year Built

1910

About this property

Four commercial office units available to rent, located right downtown! If you've been looking to make your small business dreams reality, this could be the place for you! Each office is available to rent separately for $350.00 per month. On the main level, the reception area leads back through a long hallway to two main offices and a washroom. At the back of the building, two more offices and a staff area with a rear exit complete the commercial layout. If you've been waiting for an opportunity to be a part of Fort Macleod's incredible historic downtown, give your REALTOR® a call and book a showing today! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$67K

Annual cash flow

$-16K

Cash-on-cash

-3.54%

DSCR

0.81

Going-in cap

4.48%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Vector Robotics692 SF2034-11
Vector Robotics782 SF2034-12

Area demographics

Trade area within 3 miles of the property.

Population

58,143

Households

26,258

Median income

$110,000

Median age

31.2

Daytime population

63,378

5-yr growth

4.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1, 2, 3, & 4, 258 24 Street, Fort Macleod.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.