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Investment Highlights

  • Downtown corner unit with heavy foot and vehicle traffic, south facing with lots of natural light with a stunning view of the Three Sisters Mountains.

Executive Summary

Canmore is a vibrant resort community in the Bow Valley, located near Banff and just over an hour from Calgary along the Trans-Canada Highway. This makes it an attractive destination for retail, hospitality, and mixed-use developments due to strong tourist traffic and a growing local population.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 101
  • 1,500 SF
  • Retail
  • $1,270,756 USD ($847.17 USD/SF)
  • $58,165.31 USD
Sale Type Investment
Cap Rate 4.58%
Sale Conditions Lease Option
Description
1,500 square foot corner unit with exceptional visibility. Contact listing contact for additional information on the unit.
Sale Notes
Prime Commercial Condo Corner Unit  For Sale in Beautiful Downtown Canmore - Current Business also for Sale - No long term Lease  Owner Occupied Quick Possession - Retiring!
Unit Unit Size Condo Use Price NOI
Unit 101 1,500 SF Retail $1,270,756 USD ($847.17 USD/SF) $58,165.31 USD

Unit 101

Unit Size
1,500 SF
Condo Use
Retail
Price
$1,270,756 USD ($847.17 USD/SF)
NOI
$58,165.31 USD

Unit 101

Unit Size 1,500 SF
Condo Use Retail
Price $1,270,756 USD ($847.17 USD/SF)
NOI $58,165.31 USD
Sale Type Investment
Cap Rate 4.58%
Sale Conditions Lease Option
Description
1,500 square foot corner unit with exceptional visibility. Contact listing contact for additional information on the unit.</li></ul>
Sale Notes
Prime Commercial Condo Corner Unit&nbsp;&nbsp;For Sale in Beautiful Downtown Canmore - Current Business also for Sale - No long term Lease&nbsp;&nbsp;Owner Occupied Quick Possession - Retiring!</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 31,866 SF
Property Type Retail (Condo)
Building Class C
Floors 3
Typical Floor Size 499 SF
Year Built 2010
Lot Size 0.40 AC
Parking Ratio 6.68/1,000 SF
Zoning Downtown Centre - Zoned Downtown Centre - Excellent zoning options for all types of businesses.

Amenities

  • 24 Hour Access
  • Banking
  • Bus Line
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Accent Lighting
  • Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100

Nearby Major Retailers

Starbucks
Tim Hortons
Safeway
BMO
CIBC
Scotiabank
Royal Bank of Canada
Sobeys Liquor
Save-On-Foods Pharmacy
TD Canada Trust
  • Listing ID: 27548464

  • Date on Market: 1/19/2023

  • Last Updated:

  • Address: 1001 6 Ave, Canmore, AB T1W 3L8

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