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Investment Highlights
- Fully leased single-tenant retail investment opportunity.
- Character masonry building with retrofit improvements.
- Surrounded by restaurants, boutiques, and entertainment venues.
- Located on Calgary's established 17 Avenue SW retail corridor.
- CC-COR zoning supports future redevelopment flexibility.
- Approximately six minutes from Downtown Calgary.
Executive Summary
1424 17 Avenue SW presents an opportunity to acquire a fully leased retail investment along Calgary's established 17 Avenue SW commercial corridor. The property consists of a character retail building containing approximately 4,490 square feet of gross leasable area on a 3,032 square foot site. Constructed in 1971 with masonry construction, the asset is occupied by a single tenant and benefits from extensive retrofit improvements. Positioned within one of Calgary's most active urban retail districts, the property offers frontage and visibility along 17 Avenue SW, a corridor known for its concentration of restaurants, boutiques, entertainment venues, and neighborhood-serving businesses. The surrounding Beltline and Lower Mount Royal areas provide a substantial consumer base and support consistent commercial activity. The property's location offers convenient access to Downtown Calgary, major transit routes, and nearby residential neighborhoods. The existing CC-COR zoning supports long-term flexibility and future redevelopment potential. Permitted development concepts may include continued street-oriented commercial uses with residential or office components above, subject to municipal approvals. Combined with the property's occupancy profile, established tenant presence, and central location, the asset provides investors with a stabilized retail holding in a highly urbanized trade area. The surrounding area reports approximately 124,896 to 126,671 residents within a 3-kilometer radius and benefits from a significant daytime population, reinforcing the corridor's role as a destination for shopping, dining, and services. Downtown Calgary is approximately six minutes away, further enhancing accessibility and exposure.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,490 SF
Building Class
C
Year Built
1971
Price
$2,500,000 CAD
Price Per SF
$556.79 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.47
Lot Size
0.07 AC
Zoning
CC-COR - Centre City Commercial Corridor District
Frontage
12’ on 17 Avenue Southwest
Amenities
- Security System
- Air Conditioning
- Smoke Detector
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 8
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1424 17 Av SW
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