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$375,000 total
1,576 SF
Asset Class
Specialty
Size
1,576 SF
Building class
A
Zoning
DC2 — Site Specific
$ / SF
$238
Occupancy
96%
Year Built
1996
Versatile I-C Commercial Space in a Great Location! Located at 2333 18 Ave NE, this 1,576 sq.ft. main-floor commercial unit offers excellent accessibility just minutes from 16 Avenue and Barlow Trail, with quick connections to downtown Calgary and the airport. Zoned I-C, the space offers a wide range of potential uses, including a law office, salon, medical or professional office, insurance or travel agency, retail, and more.One of the standout features is the flexibility of the interior layout. The space can be adapted to suit different business needs, with movable walls/partitions providing the ability to reconfigure the space as your operation evolves. The open, adaptable floor plan gives you plenty of options for offices, reception, client areas, meeting space, or retail.The unit includes 4 dedicated parking stalls, adding valuable convenience for both staff and clients. Currently configured for use as a church, the space offers a unique opportunity for an owner-user or investor looking for a well-located commercial property with versatility and future potential. Don’t miss the opportunity to see what this space could become—book your showing today! (id:66811)
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Monthly debt service
$2K
Projected NOI
$28K
Annual cash flow
$7K
Cash-on-cash
6.23%
DSCR
1.34
Going-in cap
7.41%
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 |
|---|---|---|
| Prairie Coffee Roasters | 797 SF | 2032-03 |
| Prairie Coffee Roasters | 400 SF | 2032-03 |
| Prairie Coffee Roasters | 400 SF | 2032-03 |
Trade area within 3 miles of the property.
Population
72,537
Households
30,303
Median income
$81,500
Median age
43.5
Daytime population
72,003
5-yr growth
7.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 40, 2333 18 Avenue NE, Calgary.
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.