Business For Sale
Commercial Real Estate

Alberta Commercial Properties For Sale, Alberta Commercial Real Estate

Forgot password Extend Verify Contact

Calgary Calgary

$3,650,000
Commercial

Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2295896
Fully leased stand-alone building in downtown Calgary, offering a 7% return on investment. Net rental income is $255,000. Located in the central part of the city on Centre Street and Fifth Avenue. The property has a 9,100 sq ft footprint on a lot measuring 65 ft front by 140 ft deep, with CR20-C20/R20 zoning. It has high yield potential and neighbour land assembly options. The total frontage can be extended to 115 ft along 5th Avenue. Situated across from the Bow Tower, it is an excellent holding property with current income, potential for appreciation, and development opportunities.
Property Type:
Commercial
Property Sub Type:
Business
Transaction Type:
For Sale
Possession:
Possession Date:
Business Type:
Restaurant
Total Building Area:
9,900 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
9,100 sq. ft.
Lot Frontage:
65'
Lot Details:
65 ft wide x 140 ft deep
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1950 (Age: 76)
Bathrooms:
- (Full:-, Half:-)
Structure Type:
Low Rise (2-4 stories)
Ensuite:
No
Garage:
No
Parking Places:
14
Parking Total/Covered:
14 / -
Cooler(s), Emergency Lighting, Exhaust Fan(s), Floor Drain(s)/Grease Trap(s), Freezer(s), Storefront
N/A
None Known
Lot Features:
City Lot, Flag Lot
Access To Property:
Direct Access
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
CR20-C20/R20
Listed Date:
Mar 24, 2026
Days on Mkt:
Larger map options:
Larger map Satellite map Walkscore
Listed by First Place Realty
Data was last updated March 25, 2026 at 04:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Powered by myRealPage.com
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.