126,477 ft2
$3,600,000
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:60626)
Property Details
MLS® Number
|
A2229235 |
Property Type
|
Retail |
Neigbourhood
|
Downtown Commercial Core |
Community Name
|
Downtown Commercial Core |
Plan
|
C |
Building
Constructed Date
|
1950 |
Size Exterior
|
126477 Sqft |
Size Interior
|
126,477 Ft2 |
Total Finished Area
|
126477 Sqft |
Type
|
Retail |
Land
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 |