1/94923 51 Avenue, High Prairie
4923 51 Avenue, High Prairie, AB T0G1E0
$150,000 total
3,845 SF
Asset Class
Specialty
Size
3,845 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$39
Occupancy
91%
Year Built
1957
About this property
Here's your opportunity to own this iconic downtown business. This former theatre is still set up for a theatre with foyer, big screen, projection room, and stage. It has a full industrial kitchen. It's 3845 sq. ft and could be used as office, retail, restaurant or other mixed use commercial. Immediate possession is available. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$693
Projected NOI
$10K
Annual cash flow
$1K
Cash-on-cash
2.87%
DSCR
1.16
Going-in cap
6.40%
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)
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 1,416 SF | 2031-11 |
| Blue Harbour Design | 849 SF | 2031-11 |
| Blue Harbour Design | 1,249 SF | 2031-11 |
Area demographics
Trade area within 3 miles of the property.
Population
42,379
Households
15,642
Median income
$76,000
Median age
42.4
Daytime population
50,927
5-yr growth
4.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 4923 51 Avenue, High Prairie.
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.