1424 17 Av SW - Storefront FOR SALE


Calgary, AB T2T 0C3- North Hill/Downtown/Beltline | 
$2,500,000 CAD
587-815-4937
1424 17 Av SW, Calgary, AB for Sale
$2,500,000 CAD
Storefront - FOR SALE
1/7
null | 5.31% Cap Rate


HIGHLIGHTS

  • Fully leased single-tenant retail investment opportunity.
  • Located on Calgary's established 17 Avenue SW retail corridor.
  • Character masonry building with retrofit improvements.
  • CC-COR zoning supports future redevelopment flexibility.
  • Surrounded by restaurants, boutiques, and entertainment venues.
  • Approximately six minutes from Downtown Calgary.

OVERVIEW

1424 17 Avenue SW presents an opportunity to acquire a fully leased retail investment along Calgary's established 17 Avenue SW commercial corridor. The property consists of a character retail building containing approximately 4,242 square feet of rentable area on a 3,032 square foot site. Constructed in 1971 with masonry construction, the asset is occupied by a single tenant and benefits from extensive retrofit improvements. Positioned within one of Calgary's most active urban retail districts, the property offers frontage and visibility along 17 Avenue SW, a corridor known for its concentration of restaurants, boutiques, entertainment venues, and neighborhood-serving businesses. The surrounding Beltline and Lower Mount Royal areas provide a substantial consumer base and support consistent commercial activity. The property's location offers convenient access to Downtown Calgary, major transit routes, and nearby residential neighborhoods. The existing CC-COR zoning supports long-term flexibility and future redevelopment potential. Permitted development concepts may include continued street-oriented commercial uses with residential or office components above, subject to municipal approvals. Combined with the property's occupancy profile, established tenant presence, and central location, the asset provides investors with a stabilized retail holding in a highly urbanized trade area. The surrounding area reports approximately 124,896 to 126,671 residents within a 3-kilometer radius and benefits from a significant daytime population, reinforcing the corridor's role as a destination for shopping, dining, and services. Downtown Calgary is approximately six minutes away, further enhancing accessibility and exposure.

FOR SALE DETAILS

PRICE

$2,500,000 CAD

PRICE/SF

$557 CAD /SF

CAP RATE

5.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

CC-COR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mahmud RahmanCDNGLOBALMore Info
587-815-4937

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Mahmud RahmanCDNGLOBALMore Info
587-815-4937

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.