125 Main Street N Airdrie AB T4B 0R8 MLS #A2172159

125 Main Street N
Airdrie, AB, T4B 0R8
$10,880,000
Beds
0 Baths
SqFt
0 Acres
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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.
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Property Details

Price:
$10,880,000
MLS #:
A2172159
Status:
Active
Baths:
0
Address:
125 Main Street N
Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown
City:
Airdrie
Listed Date:
Oct 10, 2024
Province:
AB
Postal Code:
408
Year Built:
1984
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Accessible Elevator Installed

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Parking Total
59
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