, Calgary
Active Listing

, Calgary

, Calgary

keyboard_arrow_down
$3,650,000Price
9,900Sq Ft

Fully leased stand-alone building in downtown Calgary, offering a 7% return on investment.

format_quote

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.

Specifications

Property Details

Property TypeCommercial
Property SubtypeBusiness
StructureLow Rise (2-4 stories)
Transaction TypeFor Sale
Living Area9,900 sq ft
Building Area9,900 sq ft
Lot Size9,100 sq ft
Lot Acres0.2100
Lot Dimensions65 ft wide x 140 ft deep
Year Built1950
Parking Total14
Lot FeaturesCity Lot,Flag Lot
Annual Taxes$53,480 (2025)
ZoningCR20-C20/R20
Possession60 Days / Neg
Occupant TypeTenant
Days on Market31
ListedMarch 24, 2026
DistrictCAL Zone CC
MLS NumberA2295896
Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of First Place Realty.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $53,480. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2295896. Listed March 24, 2026. Listed by First Place Realty.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: April 29, 2026.