409 10th Ave is a 68,910 square foot, two storey office building located on a 0.90 acre site in
the east side of Calgary’s trendy Beltline District. The building is located in close proximity
to the BMO Centre, downtown +15 network, LRT stations, and proposed River District
revitalization which includes Scotia Place arena.
• 409 10th Ave features an impressive atrium style lobby, high exposed ceilings, a main floor
loading dock, rooftop and second floor outdoor patio, as well as 77 heated underground
parking stalls. Furthermore, 409 10th Ave has been designed to be able to add up to two
additional floors to the East Wing, providing the opportunity for future expansion.
• 409 10th Ave is currently 42% leased to a strong covenant tenant and is a fantastic opportunity
for an owner occupier looking to acquire a well performing, character office property in a high
profile Beltline location, in a strengthening Calgary rental market. This is a unique opportunity
to participate in the future River District revitalization and Scotia Place arena opening which
will bring additional vibrancy to the area.
Essential information
MLS® number
A2179339
Status
Active
Price
$11,300,000
Property type
Commercial
Type
Office
Transaction
For Sale
Restrictions
Phone Listing Broker
Building area
68,910 sq ft
Year built
2014
Structure
Low Rise (2-4 stories)
Listing brokerage
Honestdoor Inc.
Source
Pillar 9™ MLS® System
Interior
Included
Call Lister Directly
Exterior and construction
Zoning
CC-X
Community
City
Calgary
Province
AB
Postal code
T2G 0W3
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage—
—
An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in office space in Calgary reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in office space comes up.
9 photos$12/sq ft/yrFor lease306, 1109 17 Avenue SW, Calgary
