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: 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
Price:
$3,600,000
MLS #:
A2229235
Status:
Active
Baths:
0
Address:
118 5 Avenue SE
Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown Commercial Core
City:
Calgary
Listed Date:
Jun 9, 2025
Province:
AB
Postal Code:
202
Lot Size:
846 sqft / 0.02 acres (approx)
Year Built:
1950
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- Address118 5 Avenue SE Calgary AB
- SubdivisionDowntown Commercial Core
- CityCalgary
- CountyCalgary
- Zip CodeT2G 0E2
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118 5 Avenue SE
Calgary, AB
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