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104 1st Av NE 6,800 SF Office Building Airdrie, AB T4B 0R6 $1,899,900 CAD ($279.40 CAD/SF) 5.90% Cap Rate



INVESTMENT HIGHLIGHTS
- Prime Location
- In The Heart of Airdrie Downtown
- Stand Alone Building
EXECUTIVE SUMMARY
AN OPPORTUNITY TO OWN A HIGH EXPOSURE STANDALONE BUILDING IN AIRDRIE DOWNTOWN! Welcome to an incredible commercial opportunity, THIS STANDALONE, 3,400 SQ. FT. BUILDING OFFERS AN EXCEPTIONAL BLANK CANVAS FOR YOUR BUSINESS VISION. With a prime location at the corner of 1st Avenue and Main Street, your business will benefit from maximum visibility and foot traffic in one of the city's most vibrant areas. The building's VERSATILE LAYOUT AND M3 ZONING allow for a wide range of uses, including a restaurant, medical clinic, daycare, or professional office. The main floor provides a spacious, open area ready for your custom build-out, while the EQUALLY LARGE 3,400 SQ. FT. BASEMENT OFFERS A TON OF EXTRA STORAGE OR OPERATIONAL SPACE. THE BASEMENT ALSO HAS ITS OWN SEPARATE ENTRANCE, providing even more flexibility. This property is a rare find, featuring ample private on-site parking for both your clients and staff. The combination of a top-tier location, generous space, and flexible zoning makes this the perfect spot to establish or expand your business. Don't miss your chance to secure a landmark location in vibrating downtown Airdrie.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Building Size
6,800 SF
Building Class
B
Year Built/Renovated
2000/2025
Price
$1,899,900 CAD
Price Per SF
$279.40 CAD
Cap Rate
5.90%
NOI
$112,094 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
3,400 SF
Building FAR
0.49
Lot Size
0.32 AC
Zoning
M3 - Downtown Core Mixed Use District - M3
Parking
11 Spaces (1.62 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
Walk Score®
Very Walkable (89)
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104 1st Av NE
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