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125 Main Street NORTH, Airdrie, AB, T4B 0R8

MLS® # A2172159
Commercial For Sale In Downtown, Airdrie, Alberta
$10,880,000 QuickQuoteTM: Not Available
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
125 Main Street North, Airdrie, AB
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ACTIVE
125 Main Street NORTH, Airdrie, AB, T4B 0R8
$10,880,000

Property Information:

This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term.This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor.This building is 97% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033.Current Net Rental income is $612,600 + amortization recovery of $47,900 which equals Total Net Revenue of $660,400 for 2024. Total Net Revenue is projected to increase to $673,800 in 2025 and over the next ten years is a projected average of $718,800 per annum.Click the link below to download the brochure!

Inclusions: N/A

Property Features:

  • Built in: 1984
  • Cooling: Central Air
  • Floor Space (approx): 26543.00 Square Feet
  • Heating: Floor Furnace, Forced Air, Natural Gas
  • Property Access: On Major Traffic Route, Public Transportation Nearby, Two-Way Access
  • Roof: Tar/Gravel
  • Zoning: M3

Courtesy of: Manchester Properties Inc.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 125 Main Street NORTH, Airdrie, AB, T4B 0R8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

38/100

Moderate-Low

ClimateCheck®

Current data

This property, 125 Main Street NORTH, experiences 7 hot days per year at around 28.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past
28.7℃
2050
32.7℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

23/100

Moderate-Low

ClimateCheck®

Current data

This property, 125 Main Street NORTH, experiences 10 significant 2-day storms per year, with about 201mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 216.3mm of precipitation per year.

Precipitation Per Storm

Past
201mm
2050
216.3mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 125 Main Street NORTH, Airdrie, AB, T4B 0R8

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$111,052.61

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.86 %

High school certificate or equivalent

37.64 %

Apprenticeship trade certificate/diploma

11.59 %

College/non-university certificate

21.7 %

University Degree

9.2 %

Commuter

Travel To Work

By Car

85.33 %

By Public Transit

2.93 %

By Walking

7.49 %

By Bicycle

0.25 %

By Other Methods

4.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.31 %

Houses

81.69 %

Own Vs. Rent

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