118 5 Avenue SE, Calgary, Alberta, T2G 0E2
Downtown Commercial Core, Calgary
- $3,600,000
- $3,600,000
- A2229235
- 0.02
- 1950
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.
Property Details
-
Property Type Retail, Commercial
-
MLS Number A2229235
-
Year Built 1950
-
Property Status Active
-
Brokerage name Century 21 Bravo Realty
Features & Amenities
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