Calgary, AB T2H 0C8,5440 & 5550 1 ST SW
Calgary, AB T2H 0C8,5440 & 5550 1 ST SW
Calgary, AB T2H 0C8,5440 & 5550 1 ST SW
Calgary, AB T2H 0C8,5440 & 5550 1 ST SW
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$11,300,000

$12,950,000

12.7%
Est.Price: ?

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Est. payment /mo

3.76 Acres Lot


SOLD DATE : 09/16/2024

Key Details

Sold Price $11,300,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Subdivision Manchester Industrial

MLS® Listing ID A2140836

Sold Date 09/16/24

Originating Board Calgary

Year Built 2008

Annual Tax Amount $286,162

Tax Year 2024

Lot Size 3.760 Acres

Acres 3.76

Property Description

Click listing brochure for more details** Incredible opportunity for investors or owner occupiers to own or lease a two building “A” class office/medical development totaling 76,514 SF in south central Calgary. Buildings may be leased separately but must be sold together. The two storey south office building (5550 1st Street SW) is 48,667 SF, comes fully furnished to accommodate up to 295 employees and is move-in ready with high end improvements. The single storey north building (5440 1st Street SW) is 27,847 SF with 15,440 SF vacant and is available for immediate occupancy. The vacant area of the north building is built-out and furnished as a high-end instructional facility with eight training rooms. There are three motorized accordion walls that provide flexibility in easily increasing the training areas for various sized groups. Total of 278 surface parking stalls which provides a best-in-class parking ratio of better than 1 stall per 275 SF. The site has just recently been rezoned to accommodate medical use in a growing medical node and comes with a sizable backup generator. The vacant areas of both buildings were occupied by a single national tenant since the building was built in 2008 and show exceptionally well with evidence of continued upgrades and high level of care. The south central location provides easy access to Macleod, Blackfoot and Glenmore Trails and is just a short drive to downtown Calgary.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning I-B (Medical, Office and

Others

Restrictions Call Lister

Tax ID 91747297

Ownership Private

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Listed by Honestdoor Inc.
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+1(403) 606-2730

charlie@charliesellscalgary.com

1816 Crowchild Trail NW Suite 700

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