4420 Blackfoot Trail Se, Calgary, Alberta

$5,600,000

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1.97

Acres

About 4420 Blackfoot Trail Se

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.

Features of 4420 Blackfoot Trail Se

MLS® # A2025783
Price $5,600,000
Bathrooms 0.00
Acres 1.97
Year Built 1961
Type Commercial
Sub-Type Industrial
Status Active

Community Information

Address 4420 Blackfoot Trail Se
Subdivision Highfield
City Calgary
County Calgary
Province Alberta
Postal Code T2G 4E9

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Roof Flat
Construction Concrete

Additional Information

Date Listed February 13th, 2023
Days on Market 484
Zoning I-C
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMANCHESTER PROPERTIES INC.

Listing Map

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