118 5, Calgary, CAL Zone CC - $3,600,000
0
Bedrooms
0
Bathrooms
126,477
Sq Ft
0.02
Acres
GoTopLevel
REAL ESTATE BROKERAGE
403.217.0003
Office

New 2 Days
4Photos


4 Photos




Property Highlights
0
Bedrooms
0
Bathrooms
126,477
Sq Ft
846
Lot Size
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.
Essential Information
MLS® #102362971
Price$3,600,000
Bedrooms Total0
Total Bathrooms0
Total Square Footage126,477 sq ft
Lot Size846 sq ft
Year Built1950
Property TypeCommercial
Property Sub-TypeRetail
Financial Information
Annual Property Tax$53,480
Property Timeline & History
Current Status
Active • Active
71
Days on Market
Listed for Sale
June 9, 2025
Listing Status
StatusActive
Days on Market71
Additional Details
Postal CodeT2G 0E2