For Sale · Industrial

30, 3170 114 Avenue SE, Calgary

30, 3170 114 Avenue SE, Calgary, AB T2Z3V6

$390,000 total

1,090 SF

Asset Class

Industrial

Size

1,090 SF

Building class

C

Zoning

IB — Industrial Business

$ / SF

$358

Occupancy

86%

Year Built

2003

Clear height

27 ft

Loading docks

8

About this property

Rare offering in a Prime location! This newer 1090sq ft commercial unit is now available for sale in a well-constructed, solid concrete block building. The property offers an excellent location with easy access to all major transportation routes, making it convenient for both commuting and client visits. This bay boast a front office with welcoming entrance that leads directly into a reception area with warehouse space on the side, additional mezannine level for storage. This turnkey layout is ideal for a startup business looking for a professional home base, or for anyone who has outgrown a home office and needs room to grow. For added convenience, an overhead door at the front of the unit provides easy loading and delivery access—a practical feature that adds flexibility for a variety of business needs. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$390K
Down payment30% · $117K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$16K

Annual cash flow

$-5K

Cash-on-cash

-4.45%

DSCR

0.76

Going-in cap

4.21%

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
Cascade Foods Inc.471 SF2029-02
Cascade Foods Inc.462 SF2029-02

Area demographics

Trade area within 3 miles of the property.

Population

132,236

Households

54,772

Median income

$95,000

Median age

31.9

Daytime population

129,932

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 30, 3170 114 Avenue SE, Calgary.

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.