1410 - 4th Street SW
COMMERCIAL BUILDING FOR SALE 1410 - 4th Street SW, CALGARY, AB
Investment / Owner-User Opportunity Partnership. Performance.
Join the Vibrant 4th Street Corridor Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE | 1410 - 4th Street SW, Calgary, AB BUILDING PROFILE Excellent opportunity to own a commercial building a few blocks from the downtown core on trendy 4th Street SW, just steps away from 17th Avenue. Two (2) story walk up building with four (4) income producing tenants on the main floor and lower level. Currently the tenants are generating a $108,800.00 gross annual income. The entire upper floor is presently occupied by the owner which creates an opportunity for another revenue stream or an owner-user investment. Once the building is sold, the entire second floor (approx. 2600 sf ) will be available to be rented for additional income. The tenants in the building are medium to long term and possess strong covenants. SALE PARTICULARS BUILDING TYPE: SELLERS INTEREST: BUILDING SIZE:
Commercial Mix Registered Owner
LAND SIZE: INTEREST IN LAND: YEAR BUILT: SALE TYPE/ZONING: PROP. TAX/YEAR: EXPENSES:
3,305 sf Freehold 1956 General Commercial $14,076.00 (2016)
ASKING PRICE:
$2,199,000.00
Main Floor 2nd Floor Lower Floor Total
± 2,262 sf ± 2,600 sf ± 1,285 sf ± 6,147 sf
Utilities (Water/Elec.) Gas Garbage Fee Insurance Total
$443.00/month $214.00/month $169.00/month $228.00 $2,427.00/month
Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE | 1410 - 4th Street SW, Calgary, AB TENANT PROFILES
Milk Tiger “A Calgary bar known for its extensive list of classic cocktails is being hailed as one of the best in the world, according to a list compiled by Conde Nast’s Traveler. The UK-based travel magazine asked bartenders, mixologists and‘professional drinkers’for their picks from around the world, culminating a list of the 30 best spots to grab a drink. Among them, Calgary’s own Milk Tiger Lounge, a gem of a cocktail bar in the 1400 block of 4th Street SW.”– Calgary Herald
Etch Hair Design “Etch Hair Design is a modern, style forward salon located in the Beltline area of Calgary. It opened its doors in April, 2009 since then has grown to be a popular central Calgary salon.”– Hey Hair Salons
Ballet Barre Works “Ballet Barre Works was developed to break down the ballet barrier, making it accessible to every individual, whether to enhance dance/sport/art, for fitness, for posture, or to fulfill a lifelong desire to dance.” – Ballet Barre Works Website
What Moves You “The Gyrotonic Expansion System improves your quality of life. Through circular movements executed with rhythmic breathing, the method is like a kind of moving meditation which appeals to our physical and mental states. Through research and personal experiences, it is now recognized and endorsed internationally by many health professionals, dance and top athletes, as one of the most sophisticated form of training and rehabilitation for performance.“ – What Moves You Website
WHAT MOVES YOU
Tenant Revenue Analysis TENANT Milk Tiger Lounge
Basement Storage (for lounge)
SF LEASED
LEASE EXPIRY
ANNUAL REVENUE
950
Jun-18 Jun-18 Dec-21 Jan-20 Jan-20 -
$45,000 $1,200 $43,400 $9,600 $9,600 $108,800
-
Etch Hair Salon
1,235
Ballet Barre Works What Moves You Total
600 500 3,285
Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE | 1410 - 4th Street SW, Calgary, AB N 4 th
Str e
SUBJECT PROPERTY
et
e nu
SW th
15
Red’s Diner
SW
e Av
Rose & Crown Pub
Local 510 Public Tavern
Image © 2016 Google Earth
N
12 Avenue SW 14 Avenue SW
t SW
tree 1S
1410 - 4 Street SW
17 Avenue SW 4 Street SW
Image © 2016 Google Earth
Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
Investment / Owner-User Opportunity Partnership. Performance.
Join the Vibrant 4th Street Corridor Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE | 1410 - 4th Street SW, Calgary, AB BUILDING PROFILE Excellent opportunity to own a commercial building a few blocks from the downtown core on trendy 4th Street SW, just steps away from 17th Avenue. Two (2) story walk up building with four (4) income producing tenants on the main floor and lower level. Currently the tenants are generating a $108,800.00 gross annual income. The entire upper floor is presently occupied by the owner which creates an opportunity for another revenue stream or an owner-user investment. Once the building is sold, the entire second floor (approx. 2600 sf ) will be available to be rented for additional income. The tenants in the building are medium to long term and possess strong covenants. SALE PARTICULARS BUILDING TYPE: SELLERS INTEREST: BUILDING SIZE:
Commercial Mix Registered Owner
LAND SIZE: INTEREST IN LAND: YEAR BUILT: SALE TYPE/ZONING: PROP. TAX/YEAR: EXPENSES:
3,305 sf Freehold 1956 General Commercial $14,076.00 (2016)
ASKING PRICE:
$2,199,000.00
Main Floor 2nd Floor Lower Floor Total
± 2,262 sf ± 2,600 sf ± 1,285 sf ± 6,147 sf
Utilities (Water/Elec.) Gas Garbage Fee Insurance Total
$443.00/month $214.00/month $169.00/month $228.00 $2,427.00/month
Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE | 1410 - 4th Street SW, Calgary, AB TENANT PROFILES
Milk Tiger “A Calgary bar known for its extensive list of classic cocktails is being hailed as one of the best in the world, according to a list compiled by Conde Nast’s Traveler. The UK-based travel magazine asked bartenders, mixologists and‘professional drinkers’for their picks from around the world, culminating a list of the 30 best spots to grab a drink. Among them, Calgary’s own Milk Tiger Lounge, a gem of a cocktail bar in the 1400 block of 4th Street SW.”– Calgary Herald
Etch Hair Design “Etch Hair Design is a modern, style forward salon located in the Beltline area of Calgary. It opened its doors in April, 2009 since then has grown to be a popular central Calgary salon.”– Hey Hair Salons
Ballet Barre Works “Ballet Barre Works was developed to break down the ballet barrier, making it accessible to every individual, whether to enhance dance/sport/art, for fitness, for posture, or to fulfill a lifelong desire to dance.” – Ballet Barre Works Website
What Moves You “The Gyrotonic Expansion System improves your quality of life. Through circular movements executed with rhythmic breathing, the method is like a kind of moving meditation which appeals to our physical and mental states. Through research and personal experiences, it is now recognized and endorsed internationally by many health professionals, dance and top athletes, as one of the most sophisticated form of training and rehabilitation for performance.“ – What Moves You Website
WHAT MOVES YOU
Tenant Revenue Analysis TENANT Milk Tiger Lounge
Basement Storage (for lounge)
SF LEASED
LEASE EXPIRY
ANNUAL REVENUE
950
Jun-18 Jun-18 Dec-21 Jan-20 Jan-20 -
$45,000 $1,200 $43,400 $9,600 $9,600 $108,800
-
Etch Hair Salon
1,235
Ballet Barre Works What Moves You Total
600 500 3,285
Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
FOR SALE | 1410 - 4th Street SW, Calgary, AB N 4 th
Str e
SUBJECT PROPERTY
et
e nu
SW th
15
Red’s Diner
SW
e Av
Rose & Crown Pub
Local 510 Public Tavern
Image © 2016 Google Earth
N
12 Avenue SW 14 Avenue SW
t SW
tree 1S
1410 - 4 Street SW
17 Avenue SW 4 Street SW
Image © 2016 Google Earth
Steven Goertz, Vice President 403.232.4322 [email protected] © 2017 Avison Young Avison Young Real Estate Alberta Inc. All rights reserved. E. & O.E.: The information contained herein was obtained from sources which we deem reliable and, while thought to be correct, is not guaranteed by Avison Young.
