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1001 6 Ave - Mistaya Place 1,500 SF Retail Condo Unit Offered at $1,800,000 CAD in Canmore, AB T1W 3L8



Investment Highlights
- Prime downtown Canmore commercial condo with prominent corner exposure delivering exceptional street presence and consumer visibility.
- Exposure to both local residents and Canmore's year-round tourism market, supported by over CA$1 billion in annual visitor spending.
- Available for sale or lease with quick possession in a professionally managed condominium facility with active stewardship and strong reserves.
- Rotary Park frontage and unobstructed Three Sisters mountain views create a distinctive commercial setting within the Bow Valley.
- Broad range of permitted uses, accommodating retail, professional services, wellness, studio, specialty services, and office tenants.
- Established downtown commercial location with approximately 20 years of continuous business use in a premier Alberta destination.
Executive Summary
Position a growing business in one of downtown Canmore’s most visible and sought-after commercial locations with this 1,500-square-foot commercial condominium at Mistaya Place. Available for sale or lease, the property presents a rare opportunity for an owner-user, investor, or tenant seeking high-profile retail, office, professional services, wellness, studio, or specialty commercial space in the heart of the Bow Valley. Combining prominent corner exposure, excellent street presence, Rotary Park frontage, and mountain views, the unit offers a distinctive setting that supports both brand visibility and customer access in a thriving resort-market environment. Currently owner occupied and exceptionally well maintained, the unit is available for quick possession and benefits from approximately 20 years of continuous commercial use. Broad permitted-use flexibility accommodates a diverse range of business concepts, aligning with the continued evolution of downtown Canmore’s commercial landscape. Mistaya Place is a professionally managed commercial condominium property with an active condominium board, established reserve planning, and a well-funded reserve position, supporting the ongoing stewardship and long-term care of the building and common areas. The offering is available for lease on a Triple Net (NNN) basis or as a commercial condo acquisition opportunity. Located directly across from Rotary Park, the only green space in Downtown Canmore, the property enjoys open frontage and unobstructed views toward the Three Sisters mountain range while remaining within Canmore’s established retail, hospitality, service, and visitor district. This highly visible downtown location benefits from exposure to both local residents and Canmore’s strong year-round tourism economy. Situated in the Bow Valley near Banff and connected to Calgary via the Trans-Canada Highway, Canmore continues to attract visitors, entrepreneurs, and businesses seeking a presence in one of Western Canada’s most dynamic mountain communities. The combination of downtown Canmore visibility, flexible commercial zoning permissions, mountain views, park frontage, and established ownership stewardship creates a compelling commercial real estate opportunity. Whether for retail space, office space, professional services, wellness uses, specialty retail, or investment purposes, Mistaya Place offers the rare ability to secure a highly functional and highly visible commercial property in a premier Alberta tourism and business destination. Reach out to Charlene Cherniwchan today to schedule a tour and get additional information on this incredible opportunity.
Matterport 3D Tours
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Sale Conditions | Lease Option |
| Cap Rate | 4.58% |
| Sale Type | Investment |
| Cap Rate | 4.58% |
| Sale Conditions | Lease Option |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 101 | 1,500 SF | Retail | $1,800,000 CAD ($1,200.00 CAD/SF) | $82,390 CAD |
Unit 101
| Unit Size |
| 1,500 SF |
| Condo Use |
| Retail |
| Price |
| $1,800,000 CAD ($1,200.00 CAD/SF) |
| NOI |
| $82,390 CAD |
Unit 101
| Unit Size | 1,500 SF |
| Condo Use | Retail |
| Price | $1,800,000 CAD ($1,200.00 CAD/SF) |
| NOI | $82,390 CAD |
| Sale Type | Investment |
| Cap Rate | 4.58% |
| Sale Conditions | Lease Option |
| Sale Notes | |
| Prime Commercial Condo Corner Unit For Sale in Beautiful Downtown Canmore - Current Business also for Sale |
Property Facts
| Total Building Size | 31,866 SF | Typical Floor Size | 499 SF |
| Property Type | Retail (Condo) | Year Built | 2010 |
| Property Subtype | Storefront | Lot Size | 0.40 AC |
| Building Class | C | Parking Ratio | 6.68/1,000 SF |
| Floors | 3 | ||
| Zoning | Downtown Centre - Zoned Downtown Centre - Excellent zoning options for all types of businesses. | ||
| Total Building Size | 31,866 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 3 |
| Typical Floor Size | 499 SF |
| Year Built | 2010 |
| Lot Size | 0.40 AC |
| Parking Ratio | 6.68/1,000 SF |
| Zoning | Downtown Centre - Zoned Downtown Centre - Excellent zoning options for all types of businesses. |
Amenities
- 24 Hour Access
- Banking
- Bus Line
- Corner Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Accent Lighting
- Air Conditioning
Demographics
Demographics
Nearby Major Retailers
Presented by
Ministik Properties, Inc.
1001 6 Ave - Mistaya Place
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