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28 Kingsview 15,000 SF 100% Leased Retail Building Airdrie, AB T4A 3L7 $1,953,196 USD ($130.21 USD/SF)



Investment Highlights
- Flexible IB-1 zoning allows for retail, industrial, and mixed commercial uses.
- City approval for a second floor, expanding potential to approximately 10,000 sq. ft.
- 24-foot ceiling height supports open layouts or additional floor area.
- Excellent visibility from QE2 with easy access from Yankee Valley Boulevard.
- Ample parking with a ratio of 4.1 stalls per 1,000 sq. ft.
- Located near a strong mix of commercial amenities.
Executive Summary
Rare opportunity to purchase a 6,235 sq. ft. shell condominium unit in a prime Airdrie location with excellent visibility from the QE2 and convenient access from Yankee Valley Blvd. This versatile commercial space offers ample parking, 24-foot ceiling height, and outstanding potential for a variety of permitted uses. A major feature of the property is the existing City approval for a second floor, allowing for expansion to approximately 10,000 sq. ft. The current owner also has approval in place for restaurant use, creating an excellent opportunity for hospitality, retail, office, or other commercial ventures. The generous ceiling height allows the option to add additional floor area or maintain an open-concept layout with the potential for impressive floor-to-ceiling glass. Zoned IB-1, this unit offers flexibility for a range of commercial and employment uses. A strong opportunity for owner-users, investors, or developers seeking exposure, accessibility, and future upside in one of Airdrie’s key commercial corridors. Electrical power is 400A, 208/120V, 3 Phase, 4 wire (TBV). Condominium parking area includes a ratio of 4.1 parking stalls per 1,000sf.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,000 SF
Building Class
B
Year Built
2019
Price
$1,953,196 USD
Price Per SF
$130.21 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
2.71 AC
Zoning
IB-1 - Mixed Business/Employment District
Parking
110 Spaces (7.33 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Enclosed Mall
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 7
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28 Kingsview
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