|
Descriptions:
Excellent opportunity to take over a fully improved commercial space ideally suited for education-based operations, with flexibility for certain medical or professional service uses. This is an Improved Space Lease Assignment. The current leaseholder invested approximately $140,000 in professional build-out (completed August 2024), including interior classroom partitioning, electrical upgrades, plumbing improvements, and a functional multi-room layout. The substantial investment allows the next operator to significantly reduce renovation costs and open quickly.
Located in the rapidly growing Royal Vista community, this well-improved commercial unit is currently operating as an art instruction studio and is positioned within a vibrant commercial corridor, directly across from Renert School, one of Alberta’s top-ranked private schools, the unit benefits from strong family demographics, consistent student traffic, and convenient access near 112 Avenue NW with ample on-site parking.
The 1,164 sq. ft. space features reception area at entrance, three private classrooms /consultation rooms, two washrooms, three sinks (ideal for art, children’s programs), rear access door.
Lease term is 5 years with renewal option, with more than 3 years remaining. Base rent is $33 PSF (Years 1–3) and $34 PSF (Years 4–5). Ideal for Private school, tutoring/after-school program, language academy, art, music, or enrichment studio. Also suitable for health services, Physiotherapy, rehabilitation, Chiropractic, massage therapy, acupuncture and wellness clinic. All uses are subject to landlord approval and compliance with applicable zoning and development requirements.
|
|
|
|
|
| Legal Description: |
| ACCESS Legal Description |
|
| Location & Listing Info: |
|
|
| Neighbourhood: |
Royal Vista
|
|
|
|
|
|
|
| Property Info: |
|
| Property Type: |
Retail |
| Year Built: |
2022 |
| Brokerage: |
Top Producer Realty and Property Management |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Rooms: |
|
| Ensuite: |
No
|
| Garage: |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
Contact Aaron Wolfman -
8180 Macleod Trail SE, Calgary, Alberta, T2H 2B8
|
|
|
|
|
|
|
|
|
|
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
|
|
|
|
|
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
|