4715 88 Av NE
Calgary, AB T3J 4C5 Suburban North

• Unit Size: 600 SF
• Condo Use: Office
• Price: $274,199 USD
• Sale Type: Investment
• Price/SF: $457.00 USD

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.