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Office Building For Sale at 230 52 Gateway Drive NE in Airdrie, Alberta

New
4 Sale ID #230213
Updated 07 May 2024

Asking Price

$625,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Excellent office opportunity for your organization. Whether you provide business services, medical or anything in between, this 1800 square foot space could be a great fit for you. Featuring 5 good-sized offices all with large bright windows, a boardroom, large flex space which could be used for training or larger group meetings, large kitchenette area and very welcoming reception area. Other features include large bathrooms in the common area and an elevator for easy access to the second floor and plenty of parking for staff and clients. Great access to Highway #2 and plenty of amenities including restaurants, shopping, public transportation, and hotels. Don’t wait, call now to book your private tour! This property is available for sale or lease! (id:39198)

  • MLS® : #A2125789
  • Date Listed : 22 Apr 2024

Location

Province

Alberta

City

Airdrie

Address

230 52 Gateway Drive Ne

Postal Code

T4B0J6

Location Highlights

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Listed by

Century 21 PowerRealty.ca Alberta listing

Category

office-buildings

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

1,800

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$625,000

Asking Price

$625,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

1,800

Other Information

Owner willing to Finance

N/A

Absentee Owner

N/A

Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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