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118 5 Avenue SE
Downtown Commercial Core Calgary T2G 0E2

$3,600,000
Commercial

Main Photo: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
Photo 1: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
Photo 2: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
Photo 3: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2229235
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.
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Possession Date:
Total Building Area:
2.9 acre(s)
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
846 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1950 (Age: 75)
Bathrooms:
- (Full:-, Half:-)
Plan:
C
Structure Type:
Retail
Ensuite:
No
Garage:
0
Downtown Commercial Core
None
None Known
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CR20-C20/R20
Listed Date:
Jun 09, 2025
Days on Mkt:
  • Photo 1: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
    Photo 1 of 3
  • Photo 2: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
    Photo 2 of 3
  • Photo 3: 118 5 Avenue SE in Calgary: Downtown Commercial Core Retail for sale : MLS®# A2229235
    Photo 3 of 3
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Listed by Century 21 Bravo Realty
Data was last updated June 24, 2025 at 06:10 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.