Property view at 125 Main Street N, Airdrie - Commercial investment property with 27,443 sqft - Photo 1 of 7 | Calgary real estate investment
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125 Main Street N

Airdrie, Alberta T4B 0R8
MLS® A2172159375 days on marketListed Oct 9, 2024
Exclusive Offering
$10,880,000
27,443Living Space
59Garage Spaces
1984Year Built

Property Overview

This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term. This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor. This building is 100% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease.

The property is tenanted by quality tenants with 74% of the building leased until March of 2033. Current Net Rental income is $622,750 + amortization recovery of $57,800 which equals Total Net Revenue of $680,600 for 2025.

Over the next ten years the total net revenue is projected to average $737,900 per annum. Click the link below to download the brochure!

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$396/sqft
Above average pricing - verify premium features

Investment Considerations

Mature Property: Potential value-add opportunity through renovations. Budget for capital improvements.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Commercial Investment: Evaluate rental demand and property management requirements for this property type.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.