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Home AB Greater Calgary Calgary Downtown Commercial Core
118 5 Avenue SE
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118 5 Avenue SE $3,600,000
$3,600,000
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118 5 Avenue SE
Calgary, Alberta T2G0E2

MLS® Number: A2229235

Listing Description

Prime Downtown Retail/Redevelopment – 7%+ Cap RateLocation: 5th Ave SW, Downtown Calgary | Land: 9,148 SF (0.21 AC) | Building: 11,750 SF | Zoning: CR20-C20/R20Investment 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 parkingIdeal for investors/developers seeking high-return downtown asset with future upside.Confidential showings – Do not approach tenants. (30668244)

Property Summary

Property Type
Retail
Building Type
Retail
Community Name
Downtown Commercial Core
Subdivision Name
Downtown Commercial Core
Land Size
78.6 m2|0-4,050 sqft
Built in
1950
Annual Property Taxes
$53,480
Time on REALTOR.ca
13 days

Measurements

Square Footage
126477 sqft
Total Finished Area
126477 sqft
Exterior Building Size
126477 sqft

Land

Other Property Information
Zoning Description
CR20-C20/R20
Data provided by: Pillar 9™
Jason Lamer