118 5 Avenue SE new

Calgary,AB T2G0E2

$ 3600000

- Bed

- Bath

126477 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 126,477 sqft

Price per Sqft $28

Subdivision Downtown Commercial Core

MLS Listing ID A2229235

Year Built 1950

Lot Size 846 Sqft

Acres 0.019422483

Source Calgary Real Estate Board

Property Description

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:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

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