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Executive Summary

Modern second-floor office condominium totaling approximately 600 square feet, located within a recently developed commercial plaza in Calgary’s Saddle Ridge community. Constructed in 2021, the unit features a functional and efficient layout comprising four private offices and a dedicated kitchen/staff area, supported by approximately $150,000 in high-quality leasehold improvements. The property is situated within a fully leased, high-traffic retail and office complex, benefiting from strong daily consumer activity and proximity to key community anchors including the Saddlepeace Gurdwara. This location provides consistent exposure and accessibility in one of Northeast Calgary’s fastest-growing residential nodes. Zoned C-N2 (Neighborhood Commercial), the unit accommodates a wide range of professional, medical, and service-oriented uses, offering long-term flexibility for both tenants and owner-users. This offering presents a turnkey opportunity for users seeking professionally built-out office space with minimal upfront capital requirements, as well as investors targeting stable income potential in a well-established suburban commercial corridor.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 600 SF
  • Office
  • $274,021 USD ($456.70 USD/SF)
  • -
Sale Type Investment
Description
Modern second-floor office condominium totaling 600 SF, located within a highly active commercial plaza in Calgary’s Saddle Ridge community. Built in 2021, the unit features a professionally designed layout with four private offices and a dedicated kitchen area, supported by approximately $150,000 in high-quality leasehold improvements. The property benefits from strong exposure within a fully leased development anchored by significant daily foot traffic and proximity to the Saddlepeace Gurdwara, a major community destination. The unit is positioned to support a range of professional, medical, or service-oriented users under flexible C-N2 zoning. This offering presents an attractive opportunity for both investors seeking stable small-bay office income and owner-users looking for turnkey space with minimal capital requirements. Estimated rental income of approximately $2,200 per month enhances its income-generating potential in a growing northeast Calgary commercial corridor
Sale Notes
Modern Office Condo Sale – 600 SF second-floor strata unit located within a high-traffic commercial plaza in Saddle Ridge, NE Calgary. Sale Price & Metrics – Offered at $389,000, equating to approximately $648 per square foot, reflective of premium small-bay office product with recent construction (2021). Income Potential – Property is projected to generate approximately $2,200 per month ($26,400 annually) in gross rental income, positioning the asset within a mid–single digit cap rate range depending on operating expenses. High-Quality Improvements – Unit benefits from approximately $150,000 in leasehold improvements, including four private offices and a kitchenette, reducing future capital expenditure requirements.
Unit Unit Size Condo Use Price NOI
Unit 1 600 SF Office $274,021 USD ($456.70 USD/SF) -

Unit 1

Unit Size
600 SF
Condo Use
Office
Price
$274,021 USD ($456.70 USD/SF)
NOI
-

Unit 1

Unit Size 600 SF
Condo Use Office
Price $274,021 USD ($456.70 USD/SF)
NOI -
Sale Type Investment
Description
Modern second-floor office condominium totaling 600 SF, located within a highly active commercial plaza in Calgary’s Saddle Ridge community. Built in 2021, the unit features a professionally designed layout with four private offices and a dedicated kitchen area, supported by approximately $150,000 in high-quality leasehold improvements. The property benefits from strong exposure within a fully leased development anchored by significant daily foot traffic and proximity to the Saddlepeace Gurdwara, a major community destination. The unit is positioned to support a range of professional, medical, or service-oriented users under flexible C-N2 zoning. This offering presents an attractive opportunity for both investors seeking stable small-bay office income and owner-users looking for turnkey space with minimal capital requirements. Estimated rental income of approximately $2,200 per month enhances its income-generating potential in a growing northeast Calgary commercial corridor</li></ul>
Sale Notes
Modern Office Condo Sale – 600 SF second-floor strata unit located within a high-traffic commercial plaza in Saddle Ridge, NE Calgary. Sale Price &amp; Metrics – Offered at $389,000, equating to approximately $648 per square foot, reflective of premium small-bay office product with recent construction (2021). Income Potential – Property is projected to generate approximately $2,200 per month ($26,400 annually) in gross rental income, positioning the asset within a mid–single digit cap rate range depending on operating expenses. High-Quality Improvements – Unit benefits from approximately $150,000 in leasehold improvements, including four private offices and a kitchenette, reducing future capital expenditure requirements.</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 45,306 SF
Property Type Retail (Condo)
Property Subtype Storefront Retail/Office
Building Class B
Floors 2
Typical Floor Size 22,653 SF
Year Built 2024
Lot Size 0.29 AC
Parking Ratio 0.95/1,000 SF
Zoning C-N 1 - Commercial Neighbourhood

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Security System
  • Signage
  • Accent Lighting
  • Recessed Lighting
  • Air Conditioning
  • Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

TD Canada Trust
CIBC
Scotiabank
Starbucks
Freshco
Chaiiwala
Royal Bank of Canada
  • Listing ID: 41127877

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 4715 88 Av NE, Calgary, AB T3J 4C5

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