For Sale · Specialty

40, 2333 18 Avenue NE, Calgary

40, 2333 18 Avenue NE, Calgary, AB T2E8T6

$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

About this property

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)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$375K
Down payment30% · $113K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

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.

Rent roll (estimated)

TenantAreaExpiry
Prairie Coffee Roasters797 SF2032-03
Prairie Coffee Roasters400 SF2032-03
Prairie Coffee Roasters400 SF2032-03

Area demographics

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.

Secure deal room

Confidential diligence documents for 40, 2333 18 Avenue 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.