Share This Listing

Message

943 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • • High-visibility frontage along 12 Avenue SW in the Beltline district
  • • Immediate access to multiple bus routes and walking proximity to Sunalta LRT Station
  • • Close to dining, retail services, and downtown Calgary core
  • • Two fully contiguous ground-floor units positioned for retail or service use
  • • Surrounded by residential density and new mixed-use development projects
  • • On-site and additional street parking options available in the vicinity

Executive Summary

The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 386 SF
  • Flex
  • $564,000 CAD ($1,461.14 CAD/SF)
  • $47,940 CAD
Sale Type Investment
Cap Rate 8.50%
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.
  • Unit 110
  • 552 SF
  • Retail
  • $564,000 CAD ($1,021.74 CAD/SF)
  • $47,940 CAD
Sale Type Investment
Cap Rate 8.50%
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, cafés, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.
Unit Unit Size Condo Use Price NOI
Unit 1 386 SF Flex $564,000 CAD ($1,461.14 CAD/SF) $47,940 CAD
Unit 110 552 SF Retail $564,000 CAD ($1,021.74 CAD/SF) $47,940 CAD

Unit 1

Unit Size
386 SF
Condo Use
Flex
Price
$564,000 CAD ($1,461.14 CAD/SF)
NOI
$47,940 CAD

Unit 110

Unit Size
552 SF
Condo Use
Retail
Price
$564,000 CAD ($1,021.74 CAD/SF)
NOI
$47,940 CAD

Unit 1

Unit Size 386 SF
Condo Use Flex
Price $564,000 CAD ($1,461.14 CAD/SF)
NOI $47,940 CAD
Sale Type Investment
Cap Rate 8.50%
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.</li></ul>
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, caf&#233;s, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.</li></ul>

Unit 110

Unit Size 552 SF
Condo Use Retail
Price $564,000 CAD ($1,021.74 CAD/SF)
NOI $47,940 CAD
Sale Type Investment
Cap Rate 8.50%
Description
The property consists of two retail condominium units located along 12 Avenue SW in Calgary’s Beltline area. The location is approximately one block west of 12 Street SW, with connectivity to 14 Street SW, a key north-south arterial road. The surrounding area includes multiple mixed-use properties, mid-rise residential developments, and commercial amenities. Sunalta LRT is within walking distance, and there is public transportation access along 12 Avenue. The Beltline area is characterized by dense residential housing and proximity to Calgary’s downtown core.</li></ul>
Sale Notes
This retail opportunity presents two contiguous commercial condominium units located in Calgary’s thriving Beltline community. Positioned along 12 Avenue SW between 12 Street and 13 Street, the property offers strong visibility and excellent exposure to both vehicle and pedestrian traffic. The Beltline is a dense and growing inner-city neighborhood known for its dynamic mix of residential and retail development, making this a highly sought-after area for investors and owner-users alike. The offering combines two units totaling 938 square feet, available for $564,000, reflecting a reduced price that enhances value and return potential. The asset generates a reported net operating income (NOI) of $48,620.94, supporting an attractive cap rate of 8.5%. Located within walking distance of the Sunalta LRT and surrounded by numerous transit options, the property ensures easy accessibility. Nearby amenities, including community groceries, caf&#233;s, and service-oriented businesses, contribute to the property’s strong locational advantages. The site benefits from on-site parking availability along with surrounding street parking. This is an ideal investment opportunity in one of Calgary’s fastest-growing mixed-use corridors.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 73,176 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 8
Typical Floor Size 8,049 SF
Year Built 1980
Lot Size 0.47 AC
Zoning CC-X - Centre City Mixed Use

Amenities

  • Smoke Detector

Site Amenities

  • Security System
  • Wi-Fi
  • Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
50/100
Strong public transit
80/100
Exceptionally bikeable
90/100
  • Listing ID: 41237928

  • Date on Market: 2026-07-10

  • Last Updated:

  • Address: 1334-1340 12 Ave SW, Calgary, AB T3C 3R9

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}