Welcome to 4702 1st Street SW, a prime office investment or owner-user opportunity located just one block east of Macleod Trail in Calgary’s vibrant southwest. This professionally managed, two-storey office building offers 7,230 square feet of flexible I-R zoned space, ideal for a variety of business uses. Built in 1966 and recently updated, the property features fully air-conditioned suites filled with natural light, a mix of private offices and open areas, and a current occupancy rate of 67%. With a potential net operating income of over $56,000 and current income in place, it’s a compelling option for investors. Tenants and visitors will appreciate the ample free street parking, limited onsite spaces, and excellent accessibility in a walkable, bike-friendly neighborhood. Whether you're expanding your portfolio or establishing a new headquarters, this centrally located asset offers both immediate functionality and long-term value.