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12110 40th St SE - RACO Building 2,106 SF Industrial Condo Unit Offered at $800,000 CAD in Calgary, AB T2Z 4K6
INVESTMENT HIGHLIGHTS
- Well maintained energy efficient building with plentiful parking. Easy access to Stoney Trail Ring Road, Deerfoot Trail, and Barlow Trail.
EXECUTIVE SUMMARY
This is a six unit industrial condominium. Unit 16 is being sold or leased.
PROPERTY FACTS
| Total Building Size | 20,260 SF | Typical Floor Size | 19,247 SF |
| Property Type | Industrial (Condo) | Year Built | 2004 |
| Property Subtype | Warehouse | Lot Size | 1.14 AC |
| Building Class | B | Parking Ratio | 2.44/1,000 SF |
| Floors | 1 | ||
| Zoning | IG - Industrial-General | ||
| Total Building Size | 20,260 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 19,247 SF |
| Year Built | 2004 |
| Lot Size | 1.14 AC |
| Parking Ratio | 2.44/1,000 SF |
| Zoning | IG - Industrial-General |
1 UNIT AVAILABLE
Unit 16
| Unit Size | 2,106 SF | Sale Type | Investment or Owner User |
| Price | $800,000 CAD | Cap Rate | 6.00% |
| Price Per SF | $379.87 CAD | NOI | $48,000 CAD |
| Condo Use | Industrial |
| Unit Size | 2,106 SF |
| Price | $800,000 CAD |
| Price Per SF | $379.87 CAD |
| Condo Use | Industrial |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.00% |
| NOI | $48,000 CAD |
DESCRIPTION
Warehouse of 1506 square feet plus 600 square feet of office with a 600 square foot storage mezzanine above office. Developed office area includes a reception area, two offices, coffee bar, handicapped accessable washroom and 2nd washroom with entrance from the warehouse. Clear ceiling height of 22 feet.
Unit is currently not leased and is available for immediate occupancy.
SALE NOTES
Unit has been used a a gym, with mirrors on full wall and an air exchange unit. Sound deadening material has been added to wall and ceiling.
Plentiful parking, with double row parking in front and back as well as street parking on corner lot.
Automotive mechanic use is not allowed by Condominium Bylaws.
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| Kova Engineering South LTD |
-
|
Jan 0000
|
Presented by
Pat Hager
12110 40th St SE - RACO Building
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