Prime Downtown Retail/Redevelopment – 7%+ Cap RateLocation: 5th Ave SW, Downtown Calgary | Land: 9,148 SF (0.21 AC) | Building: 11,750 SF | Zoning: CR20-C20/R20Investment 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 parkingIdeal for investors/developers seeking high-return downtown asset with future upside.Confidential showings – Do not approach tenants. (id:51540)
| MLS® Number | A2229235 |
| Property Type | Retail |
| Neigbourhood | Downtown Commercial Core |
| Community Name | Downtown Commercial Core |
| Plan | C |
| Constructed Date | 1950 |
| Size Exterior | 126477 Sqft |
| Size Interior | 126,477 Ft2 |
| Total Finished Area | 126477 Sqft |
| Type | Retail |
| Acreage | No |
| Size Irregular | 78.60 |
| Size Total | 78.6 M2|0-4,050 Sqft |
| Size Total Text | 78.6 M2|0-4,050 Sqft |
| Zoning Description | Cr20-c20/r20 |
https://www.realtor.ca/real-estate/28439009/118-5-avenue-se-calgary-downtown-commercial-core
Contact us for more information
Jason Lamer
Associate
(403) 250-2882
Enoch Lui
Associate
(403) 250-2882
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