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1005-4231 109 NE ave 2,800 SF Office/Retail Condo Unit Offered at $969,000 CAD in Calgary, AB T3N 2B1



Investment Highlights
- Modern two-story retail building constructed in 2019.
- Equipped with air conditioning, recessed lighting, and security system.
- Accessible via public transit with a bus line nearby.
- Corner lot location with strong visibility and signage potential.
- Convenient parking ratio of 1.05 spaces per 1,000 SF.
Executive Summary
The property at 1005-4231 109 NE Ave in Calgary, Alberta, is a retail building located in the Suburban North area. It was built in 2019 and offers a total building size of 27,662 square feet. The site includes parking facilities and is situated on a corner lot with access to public transportation.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 9.00% |
| Sale Type | Investment |
| Cap Rate | 9.00% |
Sale Notes
Prime Investment Opportunity in Jackson Port – Fully Leased Commercial Condo An exceptional opportunity for investors and owner-users at 4231 109 Avenue NE , located in the highly sought-after Jackson Port business district in northeast Calgary. This strategically positioned commercial condo offers immediate access to key transportation corridors including Métis Trail, Country Hills Boulevard, 36 Street NE, Stoney Trail, and Deerfoot Trail, providing efficient connectivity across the city and region. Its close proximity to YYC Calgary International Airport further enhances its appeal for logistics, professional services, and light industrial users. The property is fully leased prior to possession, delivering immediate and stable income with a strong investment profile. The main floor features two private offices, a washroom, a functional kitchen, and a generously sized warehouse area. The second level is well configured with six private offices, a boardroom, an additional washroom, and a shared kitchen, offering flexibility for a wide range of commercial uses. Situated in one of Calgary’s fastest-growing commercial nodes, this asset presents a rare combination of location, income security, and functional design. Offered at $969,000 with an attractive 9% cap rate, this turnkey investment is a compelling addition to any commercial real estate portfolio.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 4231 | 2,800 SF | Office/Retail | $969,000 CAD ($346.07 CAD/SF) | $87,210 CAD |
Unit 4231
| Unit Size |
| 2,800 SF |
| Condo Use |
| Office/Retail |
| Price |
| $969,000 CAD ($346.07 CAD/SF) |
| NOI |
| $87,210 CAD |
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Unit 4231
| Unit Size | 2,800 SF |
| Condo Use | Office/Retail |
| Price | $969,000 CAD ($346.07 CAD/SF) |
| NOI | $87,210 CAD |
| Sale Type | Investment |
| Cap Rate | 9.00% |
| Sale Notes | |
| Prime Investment Opportunity in Jackson Port – Fully Leased Commercial Condo An exceptional opportunity for investors and owner-users at 4231 109 Avenue NE , located in the highly sought-after Jackson Port business district in northeast Calgary. This strategically positioned commercial condo offers immediate access to key transportation corridors including Métis Trail, Country Hills Boulevard, 36 Street NE, Stoney Trail, and Deerfoot Trail, providing efficient connectivity across the city and region. Its close proximity to YYC Calgary International Airport further enhances its appeal for logistics, professional services, and light industrial users. The property is fully leased prior to possession, delivering immediate and stable income with a strong investment profile. The main floor features two private offices, a washroom, a functional kitchen, and a generously sized warehouse area. The second level is well configured with six private offices, a boardroom, an additional washroom, and a shared kitchen, offering flexibility for a wide range of commercial uses. Situated in one of Calgary’s fastest-growing commercial nodes, this asset presents a rare combination of location, income security, and functional design. Offered at $969,000 with an attractive 9% cap rate, this turnkey investment is a compelling addition to any commercial real estate portfolio.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 27,662 SF | Typical Floor Size | 13,831 SF |
| Property Type | Retail (Condo) | Year Built | 2019 |
| Property Subtype | Storefront Retail/Office | Lot Size | 2.00 AC |
| Building Class | C | Parking Ratio | 1.05/1,000 SF |
| Floors | 2 | ||
| Zoning | IG - https://www.calgary.ca/planning/land-use/online-land-use-bylaw.html?part=4&div=2&alpha=L#section221 | ||
| Total Building Size | 27,662 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 13,831 SF |
| Year Built | 2019 |
| Lot Size | 2.00 AC |
| Parking Ratio | 1.05/1,000 SF |
| Zoning | IG - https://www.calgary.ca/planning/land-use/online-land-use-bylaw.html?part=4&div=2&alpha=L#section221 |
Amenities
- Bus Line
- Corner Lot
- Security System
- Signage
- Recessed Lighting
- Air Conditioning
- Smoke Detector
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
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Map
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1005-4231 109 NE ave
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