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212-236 Initiative Ave SE
Rocky View No 44, AB T3S 0B5
Industrial Property For Sale
·
58,331 SF
Investment Highlights
- Fully improved industrial condo with office, warehouse, and fenced yard area.
- Air-conditioned office buildout includes private offices and boardroom space.
- Security cameras and TELUS Fibre connectivity are already in place.
- Exclusive yard provides dedicated outdoor storage and operational flexibility.
- Drive-in loading and 20-foot clear warehouse support diverse operations.
- Immediate possession available within Shepard Industrial Park.
Executive Summary
Available for immediate possession, this industrial flex condominium bay offers a functional combination of office, warehouse, and exclusive yard space within Calgary's Shepard Industrial Park. The layout is designed to accommodate businesses seeking both administrative and operational capabilities within a single location. The office component spans the main and second floors and features multiple private offices, reception space, boardroom facilities, kitchen areas, storage/server rooms, and significant natural light. Air-conditioned office areas provide a professional working environment while maintaining direct integration with warehouse operations. The warehouse area includes approximately 20-foot clear height, drive-in loading capability, mezzanine storage space, washer hook-up, sink, and sump. These features support a variety of industrial and service-related business activities requiring flexible operational space. An exclusive fenced yard provides dedicated outdoor storage capability and operational flexibility not commonly available with many industrial condominium opportunities. Additional property features include security camera systems, TELUS Fibre connectivity, and nearby street parking. Located within Shepard Industrial Park, the property offers convenient access to Stoney Trail SE, Glenmore Trail SE, and 84 Street SE, providing efficient connectivity to Calgary's industrial districts, transportation routes, and surrounding commercial areas. The combination of office improvements, warehouse functionality, and secured yard space makes this a practical solution for occupiers seeking a flexible industrial environment.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Owner user or Investment property. Office buildout on 2 levels. 2884 sq. ft. in total of main floor showroom, 850 sq. ft. /850 sq. ft. Main floor 1809 Sq. FT. with 22' clear ceiling height, Main floor bathroom. Second floor bathroom and kitchen, storage, Entrance stairs to the to upper area from shop.
Sale Notes
230 Initiative Avenue SE presents an owner-user or investor opportunity within Calgary's established Shepard Industrial Park. The property consists of a fully improved industrial condominium bay featuring a balanced mix of office, warehouse, and secured outdoor yard components designed to support a variety of industrial and service-oriented operations. The office area is extensively built out across both the main and second floors and includes multiple private offices, reception space, boardroom facilities, storage/server areas, kitchen amenities, and abundant natural light throughout. The warehouse component offers approximately 20-foot clear ceiling height, a drive-in loading door, mezzanine storage, washer hook-up, sink, and sump, creating a practical environment for warehousing, distribution, contractor services, light industrial operations, and business support functions.
An exclusive fenced yard area enhances operational flexibility by providing dedicated outdoor storage and staging capability. Additional features include security cameras, TELUS Fiber connectivity, and available street parking.
The property benefits from its location within Shepard Industrial Park, offering convenient access to Stoney Trail SE, Glenmore Trail SE, and 84 Street SE. This connectivity supports efficient movement throughout Calgary's industrial network and provides access to major transportation corridors serving the broader region. The combination of improved office space, warehouse functionality, and secured yard area creates a versatile industrial asset suitable for a wide range of occupiers and ownership strategies.
An exclusive fenced yard area enhances operational flexibility by providing dedicated outdoor storage and staging capability. Additional features include security cameras, TELUS Fiber connectivity, and available street parking.
The property benefits from its location within Shepard Industrial Park, offering convenient access to Stoney Trail SE, Glenmore Trail SE, and 84 Street SE. This connectivity supports efficient movement throughout Calgary's industrial network and provides access to major transportation corridors serving the broader region. The combination of improved office space, warehouse functionality, and secured yard area creates a versatile industrial asset suitable for a wide range of occupiers and ownership strategies.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 224 | 2,438 SF | Flex | Upon Request | - |
Unit 224
| Unit Size |
| 2,438 SF |
| Condo Use |
| Flex |
| Price |
| Upon Request |
| NOI |
| - |
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Unit 224
| Unit Size | 2,438 SF |
| Condo Use | Flex |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Owner user or Investment property. Office buildout on 2 levels. 2884 sq. ft. in total of main floor showroom, 850 sq. ft. /850 sq. ft. Main floor 1809 Sq. FT. with 22' clear ceiling height, Main floor bathroom. Second floor bathroom and kitchen, storage, Entrance stairs to the to upper area from shop.</li></ul> | |
| Sale Notes | |
| 230 Initiative Avenue SE presents an owner-user or investor opportunity within Calgary's established Shepard Industrial Park. The property consists of a fully improved industrial condominium bay featuring a balanced mix of office, warehouse, and secured outdoor yard components designed to support a variety of industrial and service-oriented operations. The office area is extensively built out across both the main and second floors and includes multiple private offices, reception space, boardroom facilities, storage/server areas, kitchen amenities, and abundant natural light throughout. The warehouse component offers approximately 20-foot clear ceiling height, a drive-in loading door, mezzanine storage, washer hook-up, sink, and sump, creating a practical environment for warehousing, distribution, contractor services, light industrial operations, and business support functions.<br> An exclusive fenced yard area enhances operational flexibility by providing dedicated outdoor storage and staging capability. Additional features include security cameras, TELUS Fiber connectivity, and available street parking.<br> The property benefits from its location within Shepard Industrial Park, offering convenient access to Stoney Trail SE, Glenmore Trail SE, and 84 Street SE. This connectivity supports efficient movement throughout Calgary's industrial network and provides access to major transportation corridors serving the broader region. The combination of improved office space, warehouse functionality, and secured yard area creates a versatile industrial asset suitable for a wide range of occupiers and ownership strategies.</li></ul> |
Property Facts
The following property facts, amenities, and utilities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 58,331 SF | Typical Floor Size | 25,026 SF |
| Property Type | Industrial (Condo) | Year Built | 2012 |
| Property Subtype | Warehouse | Lot Size | 0.77 AC |
| Building Class | B | Parking Ratio | 1.2/1,000 SF |
| Floors | 2 | ||
| Zoning | DC-56 - District Commercial | ||
| Total Building Size | 58,331 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 25,026 SF |
| Year Built | 2012 |
| Lot Size | 0.77 AC |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | DC-56 - District Commercial |
Amenities
- Fenced Lot
- Security System
- Signage
- Air Conditioning
- Smoke Detector
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - Well
- Sewer - Septic Field
- Heating - Gas
1 of 61
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