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409 10th Ave
Calgary, AB T2G 0Y7
East Building · Office Property For Sale


INVESTMENT HIGHLIGHTS
- The building is located in close proximityto the BMO Centre, downtown +15 network, LRT stations.
- Two-storey office building.
- Hghprofile Beltline location, in a strengthening Calgary rental market.
EXECUTIVE SUMMARY
409 10th Ave is a 68,910 square foot, two storey office building located on a 0.90 acre site in the east side of Calgary’s trendy Beltline District. The building is located in close proximity to the BMO Centre, downtown +15 network, LRT stations, and proposed River District revitalization which includes Scotia Place arena.• 409 10th Ave features an impressive atrium style lobby, high exposed ceilings, a main floor loading dock, rooftop and second floor outdoor patio, as well as 77 heated underground parking stalls. Furthermore, 409 10th Ave has been designed to be able to add up to two additional floors to the East Wing, providing the opportunity for future expansion.• 409 10th Ave is currently 42% leased to a strong covenant tenant and is a fantastic opportunity for an owner occupier looking to acquire a well performing, character office property in a high profile Beltline location, in a strengthening Calgary rental market. This is a unique opportunity to participate in the future River District revitalization and Scotia Place arena opening which will bring additional vibrancy to the area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
68,910 SF
Building Class
B
Year Built
1952
Price
$11,300,000 CAD
Price Per SF
$163.98 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
34,455 SF
Building FAR
1.57
Lot Size
1.01 AC
Zoning
CC-X - Community Commercial
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