80,000 ft²Office$18,800,000Sale
80,000 ft²
Office
$18,800,000
Sale
Cynthia Dong
CASM Gobal
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This building's Per Square Foot cost is only $85.46, and it comes with freehold land of 0.4 acres (17,582 sf). This price is well below the current replacement cost of constructing a 23-Story concrete building with a leasable area of 219,985 square feet in downtown Calgary. The current occupancy rate stands at 70%, providing a reliable source of income to support the $18,800,000 pricing guidance.
The Space
Asking Price$18,800,000
Available Space80,000 ft²
NegotiableYes
Property UseOffice
SourceDirect
The Building - Selkirk House
Selkirk House is located on the south corner of 4th Avenue SW and 5th Street SW in Calgary's Central Core North area. The property is a mere three blocks away from the stunning Eau Claire Park and Bow River walk, which is considered one of the most scenic areas of the city. The surrounding area is dominated by office buildings, highrise multi-family residential structures, and hotels, with a high concentration of associated amenities. For those working in the building who reside elsewhere in Calgary, the city's LRT train line is just three blocks to the south, providing quick and easy access throughout the city.
Property TypeOffice
Floors23
Building Size223,401 ft²
Lot Size0.40 AC
Up to $500K for Alberta businesses
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