REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,600,000
Est. payment | /mo
4,897 SqFt
$ 1,600,000
Est. payment | /mo
4,897 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,897 sqft
Price per Sqft $326
MLS Listing ID A2343935
Year Built 1998
Lot Size 0.440 Acres
Acres 0.44
Property Sub-Type Office
Property Description
AMAZING INVESTMENT OPPORTUNITY! This well-designed 4,897 sq. ft. commercial building,as well as,a fully occupied 4 Plex located next to the daycare. The commercial building is home to an established daycare with a long-term tenant and a lease in place for approximately 3 more years. The property is leased on a triple-net basis,providing the owner with an attractive and predictable income stream while minimizing landlord operating expenses.
The building is ideally configured for daycare operations and features a welcoming lobby,multiple offices,2 kitchens,7 dedicated play areas,9 two-piece bathrooms,laundry room and 2 large outdoor play areas. The functional layout and extensive improvements make this an excellent facility for the existing tenant and provide strong appeal for future daycare use.
The current lease provides a competitive cap rate,making this an excellent opportunity for an investor seeking stable commercial income with an established tenant. This property is being offered for sale in conjunction with the adjacent 4 Plex property. Both properties are separately titled and must be purchased together as a package. Please see additional linc as supplied. 4 Plex,TURN-KEY INVESTMENT OPPORTUNITY IN HIGH RIVER! This solid 4-plex offers an excellent opportunity for investors looking for a fully rented,income-producing property with long-term tenants. Each spacious one-bedroom unit features its own in-suite laundry,additional storage,a 4-piece bathroom,large living area and a spacious,functional kitchen. All four units are currently rented,generating a total monthly rental income of $4,950.00. A great addition to any investment portfolio with four self-contained units and dependable rental income. Call today to view this great investment opportunity and start building your portfolio!
The building is ideally configured for daycare operations and features a welcoming lobby,multiple offices,2 kitchens,7 dedicated play areas,9 two-piece bathrooms,laundry room and 2 large outdoor play areas. The functional layout and extensive improvements make this an excellent facility for the existing tenant and provide strong appeal for future daycare use.
The current lease provides a competitive cap rate,making this an excellent opportunity for an investor seeking stable commercial income with an established tenant. This property is being offered for sale in conjunction with the adjacent 4 Plex property. Both properties are separately titled and must be purchased together as a package. Please see additional linc as supplied. 4 Plex,TURN-KEY INVESTMENT OPPORTUNITY IN HIGH RIVER! This solid 4-plex offers an excellent opportunity for investors looking for a fully rented,income-producing property with long-term tenants. Each spacious one-bedroom unit features its own in-suite laundry,additional storage,a 4-piece bathroom,large living area and a spacious,functional kitchen. All four units are currently rented,generating a total monthly rental income of $4,950.00. A great addition to any investment portfolio with four self-contained units and dependable rental income. Call today to view this great investment opportunity and start building your portfolio!
Location
Province AB
County 0111
Zoning TND
Interior
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Office
Others
Restrictions Underground Utility Right of Way
Listed by Century 21 Foothills Real Estate
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Geeta Singh
As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.
Sartaj Sekhon
Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary.
What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road.
Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue!
If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!
Charlene Soares
Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!
Real Estate News & Resources
