6, 620 1 Avenue Northwest. Airdrie, Alberta T4B 2R3

$299,900

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Down Payment: Monthly Payment:
  • Neighbourhood: Downtown.
  • HOA: N/a
  • MLS® #: A1252473
  • Year Built: 2006
  • Days Listed: 45

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Description

Are you an Investor or a group of investors? Here’s a proven opportunity the current lease is in place and is Leased to Feb 28, 2024. The Gross rent is $26.285.76, the Condo fees are $5206.32, the Property tax is $4080.00, and the Net rent is $16999.44. Bringing your ROI of 5.6% on $300,000…How much are you investing? Are you looking to create a presence in the Down Town Business district of Airdrie? Here’s a location that has plenty of traffic, is Located on the corner of 1st Avenue and 8 street and is also in proximity to the downtown core. There are plenty of major anchors and small businesses in the area that will attract customers to this location. Come and take a look at the area & this open floor plan. It is a nice size at 73.7 square meters or 794 square feet to present your business/brand to the public. The Land Use is Downtown Core Mixed Use District which allows for many opportunities. Ownership of a unit is an investment into tomorrow. This is a professionally well-managed condo complex. The possession can be immediate should you be willing to assume the tenancy. If not possession possibly can be negotiable, however, the lease is in place to Mar 1, 2024. All development endeavours require the City of Airdrie approval. Don’t miss this one, call your REALTOR® today as all showings are by appointment.

Welcome to the Downtown. subdivision located in Airdrie T4B 2R3. Along with all of these amenities, come a home owners association. An HOA simply adds value to the neighborhood by maintaining the landscaping of the neighborhood and homes regularly. So the next question is "Does this neighborhood have an HOA?" and the answer is that it is mandatory!

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6, 620 1 Avenue Northwest - Subdivision Statistics

Avg. asking price $304,510
Price per sq. ft. $551
Median price $214,900
Number of homes for sale in Downtown. 43
Number of homes for sale in Airdrie 236
Avg. Days on Market 125

Essential Information

Exterior

  • FoundationPoured Concrete, Slab

Construction

Wood Frame, Composite Siding, Mixed

Additional Information

  • ZoningM3 Downtown Core Mixed Us

Community Information

Lot Description

City Lot, Low Maintenance Landscape, Landscaped, Street Lighting, Paved, Near Golf Course, Irregular Lot, Near Shopping Center, Near Public Transit

Listing Details

  • Listing OfficeCIR REALTY

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Request a showing of 6, 620 1 Avenue Northwest, a 0 bedroom, 0.00 bathroom Mixed Use in Downtown., Airdrie. Built in 2006 and approximately 0 square feet in size, MLS #A1252473 is currently listed for $299,900. To schedule a property tour, contact us at Justin Havre & Associates.

Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on October 3rd, 2022 at 2:00am MDT.