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2508 Richmond Rd SW 5,896 SF Office Building Calgary, AB T3E 4M1 $2,480,000 CAD ($420.62 CAD/SF)
Investment Highlights
- 120000+ cars pass by daily on Crowchild
- Niche DC location with medical potential (as the property next door did)
- Great Parking
- Excellent NOI/Cap
Executive Summary
Investment/buy and hold with tenants in place, or could be owner occupied (Well suited to professional business - accountants, law firm, architectural firm, oil company etc). 21 offices including conference room. Excellent location, exposure, transit access next to Crowchild. Major development projects in the area. Conversion to medical use zoning likely to be approved. Solid revenue and NOI. Contact for details. Cap rate of over 6.85%. More information available under NDA. Seller permission required, to view the property.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
5,896 SF
Building Class
B
Year Built/Renovated
1950/1990
Price
$2,480,000 CAD
Price Per SF
$420.62 CAD
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
1,965 SF
Building FAR
0.94
Lot Size
0.14 AC
Zoning
DC - Primary use is as office or consulting space or residential. Next door successfully converted to Medical.
Parking
34 Spaces (5.77 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Tyler Huggins
2508 Richmond Rd SW
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