Overview
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.
Details
Available Space:
126477ft²
Price:
$3,600,000
Location Street Address:
118 5 Avenue SE
Space Year Built:
1950
Property Types:
Retail
Infrastructure Details
Note: distances are in straight line, rather than driving distances
Note: distances are in straight line, rather than driving distances
Nearest highways:
- Highway 1 - 2.04 km (High Load Corridor)
- Highway 2 - 2.97 km (High Load Corridor)
- Highway 8 - 6.07 km
- Highway 782 - 9.57 km
- Highway 772 - 9.99 km (High Load Corridor)
Nearest hospital:
- Rockyview General Hospital - 6.98 km
Nearest airports:
- International: Calgary International Airport - 9.82km
Nearest Historic Site
- Historic site designation: 5ah
- HRV(5): high potential to contain a historic resource
- Category (ah): archaeological, historic period
Nearest powerlines:
- ENMAX - 1.84L 138kv - 0.71 km
Nearest substations:
- 5 SUBSTATION - SS-5 , ENMAX - 0.66 km
Nearest irrigation systems:
- Within 19.81 km
Nearest railways:
- Canadian Pacific, Class : Main - 0.54 km
Nearest gas franchise area:
- ATCO Gas - City Of Calgary
Nearest Power Plant:
-
Bonnybrook (BON1), The City of Calgary - 4.92 km
Biomass and Other, 10 MW
Fibre Internet Availability:
- Ready/Available
- Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
| Type | Name | Operated By | Types of Products Shipped | Distance |
|---|---|---|---|---|
| Transload | CN Calgary | CN CARGOFLO |
|
3.28 KM |
| Transload | CP Calgary | Transload Logistic Corp |
|
4.75 KM |
| Yard | CP Alyth Yard | Canadian Pacific |
|
4.36 KM |
| Autoport | CN Autoport Calgary | Canadian National |
|
6.5 KM |
| Yard | CN Sarcee Yard | Canadian National |
|
6.6 KM |
Highways
Airports
Railways
Rail Stations
Powerlines
Substations
Irrigation
Community Economic Highlights: Calgary, AB
Amazon Web Services chose Calgary to invest in their Amazon Web Services Canada West Hub project.
Calgary is the largest municipality in Alberta with a population of 1,413,800.
Calgary is home to the Calgary International Airport, with connections to 91 different cities globally.
Community Economic Details: Calgary, AB
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