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245 Canal Av 2,600 SF Retail Condo Unit Offered at $289,717 in Strathmore, AB T1P 0C4
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
Description
Prime commercial location just off Highway #1. This 2,000 sq ft main floor plus 600 sq ft mezzanine commercial condo is currently set up as an arcade entertainment venue with licensed alcohol service and concession/bar area. The space includes two washrooms, air conditioning, on-demand hot water, extensive electrical outlets, high-end stereo system, security system with 8 cameras, and double rear doors for easy equipment loading.
Sale Notes
The building can be rented empty for $15PSF + $7PSF operating costs. Arcade machines, pool tables, commercial dishwasher, and additional equipment available for purchase up to $100,000. Seller willing to sell equipment and business package in full or in part. Full equipment schedule available upon request. Ample paved parking, affordable condo fees, and steady customer traffic from surrounding businesses. Continue operating as an arcade bar, entertainment lounge, or redevelop the concept. Property also available for lease
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 105 | 2,600 SF | Retail | $289,717 USD ($111.43 USD/SF) | - |
Unit 105
| Unit Size |
| 2,600 SF |
| Condo Use |
| Retail |
| Price |
| $289,717 USD ($111.43 USD/SF) |
| NOI |
| - |
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Unit 105
| Unit Size | 2,600 SF |
| Condo Use | Retail |
| Price | $289,717 USD ($111.43 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Prime commercial location just off Highway #1. This 2,000 sq ft main floor plus 600 sq ft mezzanine commercial condo is currently set up as an arcade entertainment venue with licensed alcohol service and concession/bar area. The space includes two washrooms, air conditioning, on-demand hot water, extensive electrical outlets, high-end stereo system, security system with 8 cameras, and double rear doors for easy equipment loading.</li></ul> | |
| Sale Notes | |
| The building can be rented empty for $15PSF + $7PSF operating costs. Arcade machines, pool tables, commercial dishwasher, and additional equipment available for purchase up to $100,000. Seller willing to sell equipment and business package in full or in part. Full equipment schedule available upon request. Ample paved parking, affordable condo fees, and steady customer traffic from surrounding businesses. Continue operating as an arcade bar, entertainment lounge, or redevelop the concept. Property also available for lease</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 24,337 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 24,337 SF |
| Property Subtype | Manufacturing | Year Built | 2023 |
| Building Class | B | Lot Size | 8.54 AC |
| Total Building Size | 24,337 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Manufacturing |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 24,337 SF |
| Year Built | 2023 |
| Lot Size | 8.54 AC |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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245 Canal Av
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