118 5 Avenue SE
Calgary, AB, T2G 0E2
$3,600,000
Beds
0 Baths
SqFt
0.02 Acres
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MLS #A2229235 image #0MLS #A2229235 image #1MLS #A2229235 image #2MLS #A2229235 image #3
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.

Property Details

Price:
$3,600,000
MLS #:
A2229235
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown Commercial Core
Listed Date:
Jun 9, 2025
Lot Size:
846 sqft / 0.02 acres (approx)
Year Built:
1950
Downtown Commercial Core

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Market Summary

Current real estate data for Commercial in Calgary as of Oct 30, 2025
643
Commercial Listed
150
Avg DOM
$882,644
Avg List Price

Property Summary

    Located in the Downtown Commercial Core subdivision, 118 5 Avenue SE Calgary AB is a Commercial for sale in Calgary, AB, T2G 0E2. It is listed for $3,600,000 To schedule a showing of MLS#a2229235 at 118 5 Avenue SE in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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118 5 Avenue SE
Calgary, AB