Data was last updated 2025-06-09 at 11:05:06 GMT
$3,600,000
118 5 Avenue SE Calgary, Alberta
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.
Listing Information
- Prop. Type:
- Retail (Commercial)
- Status:
- Active
- City:
- Calgary
- Neighbourhood:
- Downtown Commercial Core
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2229235
- Listing Price:
- $3,600,000
General Information
- Year Built:
- 1950
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Location
Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
Office: 403-478-1400
Mobile: 403-478-1400
Fax: 403-592-9201
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
Office: 403-478-1400
Mobile: 403-478-1400
Fax: 403-592-9201
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.