Property Details for MLS® # A2229235
118 5 Avenue, Calgary
Retail Property for Sale
- MLS®#: A2229235
- Price: $3,600,000
- Status: Active
- Year Built: 1950
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.
Contact Tessa Corley-Rae & Maria Corley About MLS® A2229235
Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1
property information
- Property Type: Retail Property
- MLS®#: A2229235
- Year Built: 1950
Community Information
- Address: 118 5 Avenue
- Neighbourhood: Downtown Commercial Core
- City: Calgary
- Postal Code: T2G 0E2
interior
- Included: None
- Fireplace Details: For Sale
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