4715 88 Av NE - Storefront Retail/Office CONDO FOR SALE


Calgary, AB T3J 4C5- Suburban North
$389,000 CAD
403-903-7879
4715 88 Av NE, Calgary, AB for Sale
$389,000 CAD
Storefront Retail/Office CONDO - FOR SALE
1/3
null | Request Cap Rate

4715 88 Av NE
Calgary, AB T3J 4C5
Suburban North


OVERVIEW

Modern Office Condo Sale – 600 SF second-floor strata unit located within a high-traffic commercial plaza in Saddle Ridge, NE Calgary. Sale Price & Metrics – Offered at $389,000, equating to approximately $648 per square foot, reflective of premium small-bay office product with recent construction (2021). Income Potential – Property is projected to generate approximately $2,200 per month ($26,400 annually) in gross rental income, positioning the asset within a mid–single digit cap rate range depending on operating expenses. High-Quality Improvements – Unit benefits from approximately $150,000 in leasehold improvements, including four private offices and a kitchenette, reducing future capital expenditure requirements.

FOR SALE DETAILS

PRICE

$389,000 CAD

PRICE/SF

$648 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dillon Business Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

45,306 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

43

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

C-N 1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ramesh VermaReal Estate Professionals Inc.More Info
403-903-7879

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Ramesh VermaReal Estate Professionals Inc.More Info
403-903-7879

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.