Royal Lepage Mission

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Data was last updated 2025-06-09 at 11:05:06 GMT
$3,600,000

118 5 Avenue SE   Calgary, Alberta

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MLS®: A2229235
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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.
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.

Listing Information

Prop. Type:
Retail (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Downtown Commercial Core
Area:
Calgary
Province:
Alberta
MLS® Number:
A2229235
Listing Price:
$3,600,000

General Information

Year Built:
1950

VIP-Only Information

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This property is listed by Century 21 Bravo Realty and provided here courtesy of Chris Tarves. For more information or to schedule a viewing please contact Chris Tarves.
Chris Tarves
SUTTON GROUP CANWEST
Phone: 4032789208
Mobile Phone: 4036067334
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Chris Tarves, licensed Salesperson in the Province of Alberta.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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.

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christTarves-footer-photo Chris Tarves Royal Lepage Mission

  • Suite 101A, 3740 11A St N.E., Calgary, Alberta, T2E 6M6
  • Mobile: 4036067334
  • Office Phone: 403-457-4292
  • Email: chris@christarves.com
Royal LePage

The Trademarks REALTOR, REALTORS And The REALTOR Logo Are Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA. Used Under License. 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.


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