$4,500,000.00 0.21 Acre

118 5 Avenue SE, Calgary. T2G 0E2

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 is for sale as well for land assembly. Call today for more details.

Listing Information

Prop. Type:Commercial
MLS #:A1173105
City:Calgary
Neighbourhood:Downtown Commercial Core
Province:Alberta
Land Size:0.21 Acre
Listing Price:$4,500,000.00
Listing Price Arce:$21,428,571.43 per Acre
Property Subtype:Retail
Transaction Type:For Sale
Land Use Code:CR20-C20/R20
Listing Contract Date:2022-01-19

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