610,, St. Albert
610,, St. Albert, AB T8N4K6
$680,000 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
85%
Lot Size
0 ac
About this property
Excellent opportunity to own a highly visible end-cap commercial condo in the desirable Erin Ridge area of St. Albert. Backing onto St. Albert Trail, this unit benefits from excellent exposure to passing traffic, offering enhanced visibility and business recognition.Previously configured for educational or learning centre use, the property offers potential for a variety of retail, office, professional service, or educational uses, subject to municipal approvals.The space presents an opportunity for purchasers to customize or reconfigure the existing layout to suit their business needs. Ideal for owner-users or investors seeking commercial space in an established commercial area.Court-Ordered Sale. Property is sold on an “as is, where is” basis, with no representations or warranties. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$34K
Annual cash flow
$-4K
Cash-on-cash
-1.72%
DSCR
0.91
Going-in cap
5.03%
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.
Area demographics
Trade area within 3 miles of the property.
Population
127,059
Households
48,493
Median income
$136,000
Median age
38.3
Daytime population
144,707
5-yr growth
7.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 610,, St. Albert.
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.