$ 650.000

4261 23 Street Ne, Calgary

  • Living area: 7060 square feet
  • Type: Commercial
  • Added: 16 days ago
  • Updated: 16 days ago
  • Last Checked: 9 hours ago
This large Auto Body repair shop is one of the most successful and busiest shop in Calgary. Total 4 bays with 7000 SQF shop space. The shop owners operate the business for over many years and this shop is one of the ALL-STATE INSURANCE authorized and designated auto body agent and service. Excellent review from past clienteles and they equip with most modern and newer equipment that includes Garmat Paint spray booth, Prime room, CHIEF PULSE Frame machine, HUTER HAWKEYE ELITE 4000 bls Alignment machine, brand new AC charger, AUTO PULSE 220M3 Welding machine, and many more equipment that stated in the Equipment list. Very reasonable rent approximates of $10000 per month ($5295 of Net rent plus $4400 operating cost) with brand new 5+5-year lease term. The shop’s capacity with over 10 vehicles that parked inside for service plus many other parking stalls at the front and back of the shop. Excellent record for revenue in last few years with very satisfactory net income return. Shop owners believe that with the talented, skillful, experience & hard working operators taking over this shop will get their investment back in about two years. (id:1945)

Property DetailsKey information about 4261 23 Street Ne

  • Year Built: 2000
  • Building Area Total: 7060
  • Type: Auto Body Repair Shop
  • Total Bays: 4
  • Shop Space: 7000 SQF
  • Lease Term: 5+5 years
  • Monthly Rent: Net Rent: 5295, Operating Cost: 4400, Total Rent: 10000

Interior FeaturesDiscover the interior design and amenities

  • Living Area: 7060
  • Above Grade Finished Area: 7060
  • Above Grade Finished Area Units: square feet
  • Equipment: Garmat Paint Spray Booth, Prime Room, CHIEF PULSE Frame Machine, HUTER HAWKEYE ELITE 4000 Alignment Machine, Brand New AC Charger, AUTO PULSE 220M3 Welding Machine

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 4261 23 Street Ne

  • Parking Capacity: Over 10 vehicles inside for service
  • Additional Parking: Many other parking stalls at the front and back

Location & CommunityUnderstand the neighborhood and community

  • Street Dir Suffix: Northeast
  • Subdivision Name: Sunridge
  • City: Calgary
  • Insurance Designation: ALL-STATE INSURANCE authorized auto body agent

Business & Leasing InformationCheck business and leasing options available at 4261 23 Street Ne

  • Business Type: Automobile
  • Total Actual Rent: 9
  • Existing Lease Type: Net
  • Lease Amount Frequency: Monthly
  • Revenue Record: Excellent record for revenue in last few years
  • Net Income Return: Satisfactory net income return
  • Investment Payback: Approximately 2 years

Property Management & AssociationFind out management and association details

  • Owners Experience: Operated for many years
  • Client Reviews: Excellent reviews from past clients

Tax & Legal InformationGet tax and legal details applicable to 4261 23 Street Ne

  • Parcel Number: T695936754

Additional FeaturesExplore extra features and benefits

  • Modern Equipment: Equipped with most modern and newer equipment
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More Details?
Larry Tang
  • Larry Tang
  • TREC The Real Estate Company
  • 403-630-4288