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Property Description

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 6.9% in 2026. The condo unit is professionally managed for a hands-off investment. Unit can be available for owner/operator if desired by October 2026. See Brochure for more information. Neighbouring Unit #10 preferably can be sold together. (#A2255292) (id:53430)

Building

Year Built:
2005

Finished Areas

Interior Size (Total):
3624 square feet
Above Grade:
3624 square feet

Fees & Dates

Property Taxes:
$16,360
Tax Year:
2025
Last Modified:
05/09/2026 06:00:46 PM
Status Change:
05/09/2026 05:59:19 PM

Location

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Listing offered by: Associates Real Estate

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