Calgary, AB T2G 0E2,118 5 AVE SE
Calgary, AB T2G 0E2,118 5 AVE SE
Calgary, AB T2G 0E2,118 5 AVE SE
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$ 3,900,000
Est. payment | /mo

9,148 Sqft Lot


Save
$ 3,900,000
Est. payment | /mo
Save

9,148 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Commercial Core

MLS® Listing ID A2140232

Originating Board Calgary

Year Built 1950

Annual Tax Amount $57,173

Tax Year 2023

Lot Size 9,148 Sqft

Acres 0.21

Property Description

Decent Cap rate on land and building you can build a 20 storey tower on connected to the PLUS 15! Downtown Commercial Core building and PRIME redevelopment land for sale across from The Bow building. Total 9,148 SF (0.21 AC) Located on busy 5th Ave for great access and exposure. Wide range of uses under zoning CR20-C20/R20 including retail, residential, office, hotel, restaurant, financial institution, supermarket, medical clinic. Currently profitable 11,750 sq ft retail building. Please do not approach staff on property. 114 5 Ave may be sold as well for land assembly. Call today for more details.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning CR20-C20/R20

Others

Restrictions None Known

Ownership Private

Listed by Century 21 Bravo Realty

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter