634 6th Ave SW - Loft/Creative Space CONDO FOR SALE


Calgary, AB T2P 0S4- North Hill/Downtown/Beltline
$3,700,000 CAD
587-719-7999
634 6th Ave SW, Calgary, AB for Sale
$3,700,000 CAD
Loft/Creative Space CONDO - FOR SALE
1/37
null | Request Cap Rate


HIGHLIGHTS

  • 6,300 sq ft fully renovated commercial space for sale in Downtown Calgary at 6 Ave & 6 St SW, and includes a Daycare Occupancy Permit.
  • The facility is connected to the +15 walkway system, with completed fire suppression and mechanical systems for large gatherings.
  • The sale includes the option to purchase a profitable, 78-spot operational daycare nearby for an additional $2.42M, with a 9-year lease in place.

OVERVIEW

Prime location, specialized commercial space for sale (including real estate properties and all new interior renovations) in Downtown Calgary, 6 Ave & 6 Street SW. Total 6300 sf specialized construction, suitable for medical, learning, old age, care home, originally built for a 138 spots daycare, the seller already obtained the Daycare Occupancy Permit in hand, but now have other interests. The buyer can continue with the daycare application or repurpose for specific usages. Note, this sale is packaged together with a 78 spots operational daycare on 7 Ave downtown for $2.42M extra (no real estate, business only), very profitable, we have an unbelievably low and favorable lease for the next 9 years. For the 6th and 6th space with real estate, we are selling the asset at below cost. The 6300 sf facility is connected to the +15 walkway system. All fire suppression & mechanical work completed for large gatherings. Perfect for large daycare operators, there are 4 office building conversions to residential in the nearby area, many young professionals with children are moving into the area, there is a shortage of childcare facilities in downtown right now, and a waiting list for daycare is constant. You will have customers lining up to pay money to you. Monthly condo fee $6k, property tax $3k.

FOR SALE DETAILS

PRICE

$3,700,000 CAD

PRICE/SF

$587 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

70,000 SF

STORIES

11

BUILDING CLASS

B

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

CR20-C20/R20

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Phil YanGrand Realty & Management Ltd.More Info
587-719-7999

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

Phil YanGrand Realty & Management Ltd.More Info
587-719-7999

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