118 5 AVE SE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2G 0E2
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 126,477 sqft
Price per Sqft $28
Subdivision Downtown Commercial Core
MLS Listing ID A2229235
HOA Y/N No
Year Built 1950
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Retail
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
Province AB
County 0046
Zoning CR20-C20/R20
Interior
Inclusions None
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known