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.
Address
118 5 Avenue SE
List Price
$3,900,000
Property Type
Commercial
Type of Dwelling
Retail
Area
Calgary CC
Sub-Area
Downtown Commercial Core
Lot Size
9148 Sq. Ft.
Year Built
1950
MLS® Number
A2140232
Listing Brokerage
Century 21 Bravo Realty
Postal Code
T2G 0E2
Zoning
CR20-C20/R20