403-921-7653 CIR Realty North West

118 5 Avenue, Calgary

Retail Property for Sale

118 5 Avenue, Calgary, MLS® # A2229235
  • MLS®#: A2229235
  • Price: $3,600,000
  • Status: Active
  • Year Built: 1950
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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.

Contact Corinne Watson About MLS® A2229235

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Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1

property information

  • Property Type: Retail Property
  • MLS®#: A2229235
  • Year Built: 1950
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Community Information

  • Address: 118 5 Avenue
  • Neighbourhood: Downtown Commercial Core
  • City: Calgary
  • Postal Code: T2G 0E2
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interior

  • Included: None
  • Fireplace Details: For Sale
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$3,600,000

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Listing Courtesy of
Century 21 Bravo Realty
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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