Property Details

Featured in:

Winners:

Featured in:

Winners:

4420 Blackfoot Trail SE
Calgary (A2025783)

$5,600,000
18,000 ft²
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Rare Opportunity for Investor or Future Owner User! Two Buildings for Sale on Blackfoot Trail SE: 4412 and 4420 Blackfoot Trail SE. 18,000 Sq. Ft of Buildings on 1.97 Acres. 4412 is a 6,000 Sq. Ft. building leased to Vancouver Auto Liquidation Centre Ltd. 4420 is a 12,000 Sq. Ft. building leased to City Wide Radiator. Current net income is $300,500 per annum and will increase May 1, 2023 too $336,500 per annum. Excellent 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. An 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. Seller has 2017 Pinchin ESA Phase I and II available.

Property details

Basic Info

MLS® #
A2025783
Property Type:
Commercial
Subtype:
Industrial
Subdivision:
Highfield
Price
$5,600,000
Sale/Lease:
For Sale
Size:
18,000 sq.ft.
Year Built:
1961 (63 years old)

Building Info

Structure Type:
Industrial
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
1.97 acres
Zoning:
I-C

Materials & Systems

Roof:
Flat
Exterior:
Concrete

Listing Info

Possession:
30 Days / Neg
Days on Market:
358
Media & Video

Experience this property!

Virtual Tour
Related Properties
Share This Listing
Ask About This Property
  • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

Email