Jason Lamer
(403) 708-2456
Century 21 Bravo Realty
403-250-2882
118 5 Avenue SE
Calgary , Alberta T2G 0E2
Calgary , Alberta T2G 0E2
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118 5 Avenue SE For Sale
$3,600,000
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.
Transaction Type
For Sale
For Sale
Days On Market
2
2
Zoning
CR20-C20/R20
CR20-C20/R20
Subdivision
Downtown Commercial Core
Downtown Commercial Core
Year Built
1950
1950
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
C
C
Building Area (Sq. Ft.)
126477.00
126477.00
Building Area (Sq. M.)
11750.00
11750.00
Lot Size (Sq. Ft.)
846
846
Lot Size (Acres)
0.02
0.02
Inclusions
None
None
Restrictions
None Known
None Known
Reports
Title
Title