825-425-2172
520 5 Avenue SE, Calgary, AB for Sale
Retail - FOR SALE
1/6
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520 5 Avenue SE
Calgary, AB T2G 0G7
North Hill/Downtown/Beltline


HIGHLIGHTS

  • Located in the heart of Calgary's trendy & rapidly growing inner-city neighbourhood of East Village
  • Premier retail podium of luxury and institutional quality management
  • Quality tenants with near-term income growth potential

OVERVIEW

CBRE Limited (“CBRE”) has been exclusively retained by Embassy Bosa Inc. (the “Vendor”) and is pleased to offer for sale a 100% interest in Evolution East Village (the “Property”), located at 520 5th Avenue SE, 530-550 6th Avenue SE and 525-549 Riverfront Avenue SE, Calgary, AB. The Property is comprised of nine condominium titled retail units on the main floor of two, high-rise multi-residential towers, totaling 17,627 square feet. Located in the dynamic and rapidly evolving East Village neighborhood of Calgary, this prime site enjoys exceptional access to a rich array of amenities, including a variety of restaurants, cafes, bars, and the picturesque Bow River Pathways. East Village is also home to over 2,700 residential and condominium units, fostering a vibrant community atmosphere. Currently, Evolution East Village boasts an impressive occupancy rate of 91%, featuring a diverse mix of local tenants that contribute to the area’s unique charm and appeal.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Evolution East Village Retail Podium

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

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STORIES

1

YEAR BUILT

2015

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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ASK ABOUT THIS PROPERTY

Thomas LeeCBREMore Info
825-425-2172

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Thomas LeeCBREMore Info
825-425-2172

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