
2, 1302 Bow Valley Trail, Canmore, AB T1W1N6
$519,000 per sq ft / yr
850 SF
Asset Class
Specialty
Size
850 SF
Building class
C
Zoning
DC2 — Site Specific
$ / SF
$611
Occupancy
88%
Year Built
1996
Seize a rare opportunity to own prime commercial real estate on Bow Valley Trail in Canmore, Alberta — one of the most sought-after business districts in the Canadian Rockies. Unit 2 at 1302 Bow Valley Trail offers approximately 850 square feet of versatile, ready for immediate possession to apply for your development permits (if needed) and tenant improvements. Perfectly positioned to serve Canmore's thriving tourism, wellness, and local business economy. Located in the Bow Valley Trail Central (BVTC) commercial district, this vacant unit is ideal for a wide range of office or retail uses, from boutique wellness studios and medical clinics to personal service businesses and specialty retail, with BVTC zoning providing exceptional flexibility to tailor the space to your vision. With area lease rates ranging from $34 to $39 per square foot, purchasing this unit at $519,900 represents a compelling investment opportunity whether you're an owner-operator looking to establish your Canmore business or an investor seeking strong rental income potential in a high-demand mountain town market. The unit benefits from a shared front parking lot for convenient customer and client access, and Canmore's Bow Valley Trail sees consistent high traffic from both residents and the millions of tourists who visit the Bow Valley each year. Walkable from the high volume tourist districts and Canmore's bustling downtown without the parking struggles! (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$25K
Annual cash flow
$-3K
Cash-on-cash
-2.11%
DSCR
0.89
Going-in cap
4.91%
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.
| Tenant | Area | Expiry |
|---|---|---|
| Summit Trades Supply | 400 SF | 2029-11 |
| Summit Trades Supply | 400 SF | 2029-11 |
Trade area within 3 miles of the property.
Population
76,615
Households
32,650
Median income
$122,000
Median age
36.5
Daytime population
102,443
5-yr growth
6.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2, 1302 Bow Valley Trail, Canmore.
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.