Calgary, AB T2Z 4H3,12221 44 ST SE #20
Calgary, AB T2Z 4H3,12221 44 ST SE #20
Calgary, AB T2Z 4H3,12221 44 ST SE #20
Calgary, AB T2Z 4H3,12221 44 ST SE #20
Calgary, AB T2Z 4H3,12221 44 ST SE #20
Calgary, AB T2Z 4H3,12221 44 ST SE #20
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Justin Newman

Justin Newman

Happy House Hunting

+1(403) 969-5542
$ 825,000
Est. payment | /mo

Save
$ 825,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Subdivision East Shepard Industrial

MLS® Listing ID A2185013

Originating Board Calgary

Year Built 2008

Annual Tax Amount $15,152

Tax Year 2024

Property Sub-Type Industrial

Property Description

Fully leased, well maintained industrial condo located in the Southbend Industrial Park near Barlow Trail and Deerfoot Trail, and south of 114 Ave SE. Concrete block and concrete slab construction complete with a concrete mezzanine. The main floor consists of a reception area, change rooms c/w showers, handicap washrooms and a large warehouse with 24' ceiling and bay door. The mezzanine, which has its own separate entrance and washroom, is set up as a dance/fitness studio. Main floor is leased to a martial arts studio and the second floor leased to a dance/fitness studio. 100-amp service, ample allocated parking, fenced storage unit, and with a cap rate of 5.7% in 2024 escalating to 6.0% in 2025. The condo unit is professionally managed for a hands-off investment. See Brochure for more information. Neighbouring Unit #10 preferably can be sold together. (28135120)

Location

Province AB

County Calgary

Area Cal Zone Se

Zoning I-G

Others

Restrictions None Known

Tax ID 94913675

Ownership Private

Listed by Greater Property Group

GET MORE INFORMATION

agent

Justin Newman

License ID: 00540392

+1(403) 969-5542

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REVIEWS

Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

Gyann Yiu