Stores /AB /Calgary County /Calgary /118 5th Ave SE
Stores /AB /Calgary County /Calgary /118 5th Ave SE

118 5th Ave SE - Storefront FOR SALE


Calgary, AB T2G 0E3- North Hill/Downtown/Beltline | 
$3,600,000 CAD
403-250-2882
118 5th Ave SE, Calgary, AB for Sale
$3,600,000 CAD
Storefront - FOR SALE
1/2
null | 7.22% Cap Rate
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HIGHLIGHTS

  • Prime downtown location across from The Bow with high visibility
  • Fully leased retail asset with a 7%+ cap rate and redevelopment potential
  • Zoned CR20-C20/R20 with potential for a 20+ story tower and PLUS 15 access

OVERVIEW

Downtown Commercial Core building and PRIME redevelopment land for sale across from The Bow building. Total 9,148 SF (0.21 AC) Located on busy 5th Ave for great access and exposure. Wide range of uses under zoning CR20-C20/R20 including retail, residential, office, hotel, restaurant, financial institution, supermarket, medical clinic. Currently profitable 11,750 sq ft retail

FOR SALE DETAILS

PRICE

$3,600,000 CAD

PRICE/SF

$306 CAD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

CR20-C20/R

APN/PARCEL ID

068048800

ASK ABOUT THIS PROPERTY

Jason LamerCentury 21 Bravo RealtyMore Info
403-250-2882

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Jason LamerCentury 21 Bravo RealtyMore Info
403-250-2882

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