Bay 1, 2915 19 Street NE, CalgaryBay 1, 2915 19 Street NE, Calgary — photo 2Bay 1, 2915 19 Street NE, Calgary — photo 3Bay 1, 2915 19 Street NE, Calgary — photo 4Bay 1, 2915 19 Street NE, Calgary — photo 5Bay 1, 2915 19 Street NE, Calgary — photo 6Bay 1, 2915 19 Street NE, Calgary — photo 7
1/7
Business For Sale · Office

Bay 1, 2915 19 Street NE, Calgary

Bay 1, 2915 19 Street NE, Calgary, AB T2E7A2

Price on request

30,574 SF

Asset Class

Office

Size

30,574 SF

Building class

A

Zoning

CO — Commercial Office

$ / SF

—

Occupancy

94%

Year Built

1979

About this property

Lease Term 1 Year. The main floor office space offers a professional and functional layout, perfectly suited for established business or growing teams. Located just off the high traffic 32 Ave NE corridor, the unit provides exceptional accessibility to Deerfoot Trail, Stoney Trail, and YYC Airport. Key Features: 2,317 sq.ft Professional Layout: Includes a welcoming Reception area, 5 private offices, and a spacious boardroom for client meeting and team collaboration. Features a dedicated Kitchenette and two private washrooms for convenience. Bonus Storage: Includes functional storage mezzanine area, ideal for files, inventory, or equipment, keeping the main floor clutter-free. Comes with 3 reserved parking stalls, plus additional visitor parking available in the vicinity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$81K

Annual cash flow

$-2K

Cash-on-cash

-0.40%

DSCR

0.98

Going-in cap

5.42%

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
Meridian Health Group15,483 SF2033-02
Meridian Health Group7,136 SF2033-02
Northbridge Logistics3,277 SF2033-02
Meridian Health Group2,752 SF2033-02

Area demographics

Trade area within 3 miles of the property.

Population

125,790

Households

45,029

Median income

$64,500

Median age

40.6

Daytime population

185,757

5-yr growth

0.6%

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

Secure deal room

Confidential diligence documents for Bay 1, 2915 19 Street NE, 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.