Are you an Investor or a group of investors? Here’s a proven opportunity the current lease is in place and is Leased to Feb 28, 2024. The Gross rent is $26.285.76, the Condo fees are $5206.32, the Property tax is $4080.00, and the Net rent is $16999.44. Bringing your ROI of 5.6% on $300,000…How much are you investing? Are you looking to create a presence in the Down Town Business district of Airdrie? Here’s a location that has plenty of traffic, is Located on the corner of 1st Avenue and 8 street and is also in proximity to the downtown core. There are plenty of major anchors and small businesses in the area that will attract customers to this location. Come and take a look at the area & this open floor plan. It is a nice size at 73.7 square meters or 794 square feet to present your business/brand to the public. The Land Use is Downtown Core Mixed Use District which allows for many opportunities. Ownership of a unit is an investment into tomorrow. This is a professionally well-managed condo complex. The possession can be immediate should you be willing to assume the tenancy. If not possession possibly can be negotiable, however, the lease is in place to Mar 1, 2024. All development endeavours require the City of Airdrie approval. Don’t miss this one, call your Realtor today as all showings are by appointment.

Property Details

Price:
$299,900
MLS #:
A1252473
Status:
Active
Baths:
0.00
Address:
6, 620 1 Avenue NW
Type:
Condo
City:
Airdrie
Listed Date:
Aug 18, 2022
Province:
AB
Postal Code:
423
Subdivision:
Downtown
Lot Size:
982 sqft / 0.02 acres (approx)
Year Built:
2006

Schools

Interior

Exterior

Lot Features
City Lot, Low Maintenance Landscape, Near Shopping Center, Irregular Lot, Landscaped, Street Lighting, Near Golf Course, Near Public Transit, Paved
Sewer
Public Sewer

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6, 620 1 Avenue NW
Airdrie, AB