1/2319 Railway Avenue N, Marwayne
19 Railway Avenue N, Marwayne, AB T0B2X0
$949,000 total
6,500 SF
Asset Class
Retail
Size
6,500 SF
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
$146
Occupancy
83%
Year Built
1986
Lot Size
0.2865013774104683 ac
About this property
Retail hardware business, presently operating as Home Hardware, offered for sale in the Village of Marwayne, Alberta. The sale includes the commercial building, fixtures, equipment, and inventory. The property is situated on four commercial lots, each approximately 26' x 120' merged under one title. Additional site features include a private access driveway measuring approximately 24' x 120' along one side of the building and an undeveloped green space measuring approximately 24' x 120' on the opposite side. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$46K
Annual cash flow
$-7K
Cash-on-cash
-2.35%
DSCR
0.87
Going-in cap
4.84%
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 |
|---|---|---|
| Aurora Legal LLP | 2,332 SF | 2029-05 |
| Meridian Health Group | 3,030 SF | 2029-05 |
Area demographics
Trade area within 3 miles of the property.
Population
92,889
Households
39,219
Median income
$131,000
Median age
40.6
Daytime population
112,031
5-yr growth
4.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 19 Railway Avenue N, Marwayne.
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.