Calgary, AB
Calgary, AB
Calgary, AB
Calgary, AB
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
$ 3,650,000
Est. payment | /mo

9,100 Sqft Lot


Save
$ 3,650,000
Est. payment | /mo
Save

9,100 Sqft Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2295896

Year Built 1950

Annual Tax Amount $53,480

Tax Year 2025

Lot Size 9,100 Sqft

Acres 0.21

Lot Dimensions 65 ft wide x 140 ft deep

Property Sub-Type Business

Source Calgary

Property Description

Fully leased stand-alone building in downtown Calgary, offering a 7% return on investment. Net rental income is $255,000. Located in the central part of the city on Centre Street and Fifth Avenue. The property has a 9,100 sq ft footprint on a lot measuring 65 ft front by 140 ft deep, with CR20-C20/R20 zoning. It has high yield potential and neighbour land assembly options. The total frontage can be extended to 115 ft along 5th Avenue. Situated across from the Bow Tower, it is an excellent holding property with current income, potential for appreciation, and development opportunities.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning CR20-C20/R20

Exterior

Lot Frontage 65.0

Total Parking Spaces 14

Building

Lot Description City Lot, Flag Lot

Others

Restrictions None Known

Tax ID 101572007

Ownership Private

Listed by First Place Realty

Go tour this home

GET MORE INFORMATION

Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

Name
Phone*
Message

REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

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.

https://lh3.googleusercontent.com/a-/ALV-UjWbncOcnTFQQfh4M9UJKwsb_VAhaiwJAF6tu6GklaFJj7m5IG1L=s120-c-rp-mo-ba3-br100 Gyann Yiu

};