20, 12221 44 Street Se, Calgary, Alberta

$825,000

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About 20, 12221 44 Street Se

Fully leased, well maintained industrial condo located in the Southbend Industrial Park near Barlow Trail and Deerfoot Trail, and south of 114 Ave SE. Concrete block and concrete slab construction complete with a concrete mezzanine. The main floor consists of a reception area, change rooms c/w showers, handicap washrooms and a large warehouse with 24’ ceiling and bay door. The mezzanine, which has its own separate entrance and washroom, is set up as a dance/fitness studio. Main floor is leased to a martial arts studio and the second floor leased to a dance/fitness studio. 100-amp service, ample allocated parking, fenced storage unit, and with a cap rate of 5.7% in 2024 escalating to 6.0% in 2025. The condo unit is professionally managed for a hands-off investment. See Brochure for more information. Neighbouring Unit #10 preferably can be sold together. (28135120)

Facts & Features of 20, 12221 44 Street Se

MLS® # A2080456
Price $825,000
Bathrooms 0.00
Acres 0.00
Year Built 2008
Type Commercial
Sub-Type Industrial
Status Active

Community Information

Address 20, 12221 44 Street Se
Subdivision East Shepard Industrial
City Calgary
County Calgary
Province Alberta
Postal Code T2Z 4H3

Amenities of 20, 12221 44 Street Se

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed September 13th, 2023
Days on Market 310
Zoning I-G
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGREATER PROPERTY GROUP

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