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$ 3,600,000
Est. payment | /mo
846 Sqft Lot
$ 3,600,000
Est. payment | /mo
846 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Commercial Core
MLS® Listing ID A2229235
Year Built 1950
Annual Tax Amount $53,480
Tax Year 2025
Lot Size 846 Sqft
Acres 0.02
Property Sub-Type Retail
Source Calgary
Property Description
Prime Downtown Retail/Redevelopment – 7%+ Cap Rate
Location: 5th Ave SW, Downtown Calgary | Land: 9,148 SF (0.21 AC) | Building: 11,750 SF | Zoning: CR20-C20/R20
Investment Highlights:
• 7%+ cap rate with stable tenants | Tower potential (20-storey + PLUS 15 access) Fully leased
• Prime exposure across from The Bow | Flexible uses: retail, office, residential, hotel, medical, more
• Land assembly option (114 5th Ave also available) | Includes lots of rear parking
Ideal for investors/developers seeking high-return downtown asset with future upside.
Confidential showings – Do not approach tenants.
Location: 5th Ave SW, Downtown Calgary | Land: 9,148 SF (0.21 AC) | Building: 11,750 SF | Zoning: CR20-C20/R20
Investment Highlights:
• 7%+ cap rate with stable tenants | Tower potential (20-storey + PLUS 15 access) Fully leased
• Prime exposure across from The Bow | Flexible uses: retail, office, residential, hotel, medical, more
• Land assembly option (114 5th Ave also available) | Includes lots of rear parking
Ideal for investors/developers seeking high-return downtown asset with future upside.
Confidential showings – Do not approach tenants.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning CR20-C20/R20
Interior
Inclusions None
Others
Restrictions None Known
Tax ID 101572007
Ownership Private
Listed by Century 21 Bravo Realty
FEATURED AREAS
NEWLY LISTED IN THE CALGARY AREA
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- Everything New in Cochrane
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HOMES FOR SALE IN NORTHWEST CALGARY
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REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
