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.
Address
118 5 Avenue SE
List Price
$3,600,000
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary CC
Sub-Area
Downtown Commercial Core
Lot Size
846 Sq. Ft.
Year Built
1950
MLS® Number
A2229235
Listing Brokerage
Century 21 Bravo Realty
Postal Code
T2G 0E2
Zoning
CR20-C20/R20