Property Details
118 5 Avenue SE
Calgary (A2229235)
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
- MLS® #
- A2229235
- Property Type:
- Commercial
- Subtype:
- Retail
- Subdivision:
- Downtown Commercial Core
- Price
- $3,600,000
- Sale/Lease:
- For Sale
- Size:
- 126,477 sq.ft.
- Year Built:
- 1950 (75 years old)
- Structure Type:
- Retail
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- None
- Lot Size:
- 0 acres
- Zoning:
- CR20-C20/R20
Basic Info
Building Info
Lot / Land Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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