Property Description

Rare Opportunity for Investor or Future Owner User!nTwo Buildings for Sale on Blackfoot Trail SE: 4412 and 4420 Blackfoot Trail SE. 18,000 Sq. Ft of Buildings on 1.97 Acres.nn4412 is a 6,000 Sq. Ft. building leased to Vancouver Auto Liquidation Centre Ltd. n4420 is a 12,000 Sq. Ft. building leased to City Wide Radiator. nCurrent net income is $300,500 per annum and will increase May 1, 2023 too $336,500 per annum. nnExcellent exposure to Blackfoot Trail SE. This site is 1.97 Acres total and is zoned I-C which allows for light industrial and retail uses. Pattison Outdoors leases a small portion of the land for a Pylon Sign. The Pattison Outdoor lease expires August 31, 2023. The respective leases for 4412 and 4420 expire April 30, 2025 – neither lease has an option to renew. Both buildings have drive in over head doors, ample parking and good yard space. 4412 is currently getting a new roof.nnAn investor could purchase this property and continue to lease out the buildings and land lease for the pylon sign. There is also potential to build additions on the existing buildings. In the future upon expiration of the leases the new owner could occupy one building and continue to lease the other or occupy both buildings. There is also fantastic future development potential for an investor who wants to get paid to wait – and redevelop this property in the future.nnSeller has 2017 Pinchin ESA Phase I and II available.

Features
: Flat
Address Map
Alberta
Calgary
Calgary
T2G 4E9
Blackfoot
4420
Trail
0
W115° 57' 8.1''
N51° 0' 51.2''
MLS Addon
MANCHESTER PROPERTIES INC.
Split Level
$0
Monthly
Carpet,tile,vinyl
Active
Industrial
E
Se
24/08/2023 11:00:56

Commercial For Sale

4420 Blackfoot Trail, Calgary, Alberta T2G 4E9

1.97 Acre
$5,600,000
Listing ID #A2025783
Basic Details
Property Type : Commercial
Listing Type : For Sale
Listing ID : A2025783
Price : $5,600,000
Building Area Total SF : 18,000 Sqft
Year Built : 1961
Lot Area : 1.97 Acre
Contact Agent