Vista Investments Ltd.
- $1,499,000 CAD
- 5.00% Cap Rate
- 3,548 SF Office Building
- Built in 1911
- Investment Opportunity
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Office Space for Sale in Calgary
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Office Space For Sale in Calgary
Calgary, in the heart of Alberta, is a city boasting a population exceeding one million residents, making it the third largest city in Canada. This urban centre, nestled at the meeting point of the Bow River and Elbow River and not far from the Canadian Rockies' majesty, offers a rich economic tapestry woven with elements of energy, financial services, film, technology and health sectors to name just a few. Integral to this economic matrix are the city's office spaces, serving as operational hubs for diverse businesses. Calgary holds the distinction of having the second highest number of corporate head offices in Canada, further emphasizing the central role office spaces play in its economy.
The pivotal role of Calgary's infrastructure can't be understated in its thriving economic landscape. The city showcases an impressive transport network, boasting the second highest ridership CTrain light rail transit system in North America that operates entirely on renewable energy. Calgary's highways, including the Deerfoot Trail and Trans-Canada Highway, along with the enclosing Stoney Trail, provide efficient connectivity. For international travel, the Calgary International Airport acts as the gateway not only to the city but also to the majestic Canadian Rockies. These office spaces aren't just confined to the hub of the city, but span across diverse areas supported by Commercial Real Estate and Shopping Centres. Further, Calgary's commitment to higher education is manifested in its impressive roster of Post-secondary institutions, including the University of Calgary and SAIT Polytechnic, creating a vibrant nexus between academia and commerce. Presently, there are 70 listings available for this property type, offering ample choice for aspiring businesses.
Learn about Office Space for sale in Calgary
Why should I buy an office space in Calgary?
Investing in office spaces in Calgary offers numerous advantages due to the city's economic diversity, remarkable transportation network, and a wealth of corporate head offices.
- Calgary's economy encompasses various sectors including energy, financial services, film and television, transportation and logistics, technology, manufacturing, aerospace, health and wellness, retail, and tourism, making it a thriving city for office spaces.
- The city's infrastructure features major highways, an international airport, and a reliable transit system, thereby ensuring ease of commuting and transportation for businesses in these office spaces.
- The presence of Canada's second-largest number of corporate head offices in Calgary demonstrates a strong demand for office spaces and validates 70 listings available on our site. This property type could offer a suitable investment opportunity in light of these factors.
How much does it cost to buy an Office Space in Calgary?
On average, the cost of buying an Office Space in Calgary is related to the average selling price per square foot which is $325 CAD.
- The price can vary based on the size, location and, quality of the Office Space.
- The average size for this type of property on the market is 18,534 SF, with the largest listing going up to 223,401 SF.
- Choosing an Office Space in Calgary is a smart choice considering the city's diverse economy including sectors such as energy, financial services, technology and more which bodes well for potential business growth.
What is the largest Office Space available to buy in Calgary?
The largest Office Space available to purchase in Calgary measures 223,401 SF in size.
- This Office Space in Calgary provides ample room for a large team, making it ideal for businesses looking to expand.
- The location is strategically placed with convenient access to various amenities such as transportation, shopping centers, hotels, and restaurants.
- Given that Calgary hosts Canada's second-largest number of corporate head offices and has a diverse economy, an office space of this size could be a fitting choice for established businesses seeking to set their footprint in this vibrant city.
What factors should I consider when searching for an Office Space in Calgary?
When searching for an Office Space in Calgary, consider the location advantages, infrastructure, and market tendencies.
- Calgary is a major economic hub hosting Canada's second-largest number of corporate head offices and has a diverse economy encompassing sectors like energy, financial services, and technology.
- The infrastructure in the city is well-developed, with effective transit systems like the CTrain, extensive pedestrian skywalk networks, and nearly 1,000 km of paved pathways, facilitating better accessibility and convenience to your office space.
- Given the high demand, Calgary currently has 70 listings for Office Space properties with an average property size of 18,534 SF, and a maximum size of 223,401 SF, providing ample choice and flexibility in your office space search.
How many office spaces are available in Calgary?
The current number of office spaces available in Calgary is 70.
- Calgary as a city has a diverse economy with sectors ranging from energy to finance and technology, attracting a variety of businesses requiring office spaces.
- Over the years, Calgary has transformed into a metropolitan city hosting Canada's second-largest number of corporate head offices, explaining the demand and potential supply of office spaces.
- Choosing office spaces as the property type in Calgary aligns with the growth, sophistication and dynamism observed in the city's economic landscape.
What other commercial properties are available in Calgary?
Besides office spaces, Calgary offers a variety of commercial properties such as commercial real estate, apartment buildings, shopping centers, and hotels.
- Due to Calgary's robust economy and strategic location at the confluence of the Bow River and the Elbow River, it attracts diverse sectors including energy, financial services, film and television, transportation and logistics, and tourism, making it favorable for investment in commercial real estate properties.
- With the second-largest number of corporate head offices in Canada, the demand for apartment buildings as dwellings for the corporate workforce is substantial.
- The choice for investing in office spaces is bolstered by the strong presence of corporate head offices and the city's ranking as one of the most livable cities in the world, implying a ready market for workspace needs.
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