620 1 Avenue NW #6 , Airdrie

Bed / $299,900 / MLS® Listing #:A1252473

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Are you an Investor or a group of investors? Here’s a proven opportunity the current lease is in place and is Leased to Feb 28, 2024. The Gross rent is $26.285.76, the Condo fees are $5206.32, the Property tax is $4080.00, and the Net rent is $16999.44. Bringing your ROI of 5.6% on $300,000…How much are you investing? Are you looking to create a presence in the Down Town Business district of Airdrie? Here’s a location that has plenty of traffic, is Located on the corner of 1st Avenue and 8 street and is also in proximity to the downtown core. There are plenty of major anchors and small businesses in the area that will attract customers to this location. Come and take a look at the area & this open floor plan. It is a nice size at 73.7 square meters or 794 square feet to present your business/brand to the public. The Land Use is Downtown Core Mixed Use District which allows for many opportunities. Ownership of a unit is an investment into tomorrow. This is a professionally well-managed condo complex. The possession can be immediate should you be willing to assume the tenancy. If not possession possibly can be negotiable, however, the lease is in place to Mar 1, 2024. All development endeavours require the City of Airdrie approval. Don’t miss this one, call your Realtor today as all showings are by appointment.

Property Details

Property Type Mixed Use
Square Feet 0.00
Maintenance $455.34
Days On Our Website 104
Exterior Composite Siding,Mixed,Wood Frame
Foundation Poured Concrete,Slab
Sewers Public Sewer
Water Public

Listing Office: CIR REALTY

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