118 5 AVE SE new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2G 0E2
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Commercial Core
MLS Listing ID A2229235
Year Built 1950
Annual Tax Amount $53,480
Tax Year 2025
Lot Size 846 Sqft
Acres 0.02
Property Sub-Type Retail
Source Calgary
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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning CR20-C20/R20
Interior
Inclusions None
Others
Restrictions None Known
Tax ID 101572007
Ownership Private