Log In/Sign Up
Your email has been sent.
Plaza 28 4 Properties Offered at $9,500,000 CAD in Calgary, AB
EXECUTIVE SUMMARY
Investment Opportunity
Offered at $9.5 million ($189 PSF)—well below replacement cost—Plaza 28 presents a compelling value-add investment opportunity with 73% occupancy and below-market in-place rents, providing immediate upside through lease-up and rent reversion. Investors benefit from two clearly defined exit strategies: (1) acquire, reposition, stabilize, and refinance; or (2) stratify and sell individual units as commercial condos, capitalizing on strong demand for owner-occupied retail strata in Calgary. The combination of pricing, location, and flexibility positions Plaza 28 as an attractive opportunity for private investors, syndicators, and owner-users seeking long-term value creation.
Offered at $9.5 million ($189 PSF)—well below replacement cost—Plaza 28 presents a compelling value-add investment opportunity with 73% occupancy and below-market in-place rents, providing immediate upside through lease-up and rent reversion. Investors benefit from two clearly defined exit strategies: (1) acquire, reposition, stabilize, and refinance; or (2) stratify and sell individual units as commercial condos, capitalizing on strong demand for owner-occupied retail strata in Calgary. The combination of pricing, location, and flexibility positions Plaza 28 as an attractive opportunity for private investors, syndicators, and owner-users seeking long-term value creation.
PROPERTY FACTS
| Price | $9,500,000 CAD | Number of Properties | 4 |
| Price / SF | $105.59 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 89,974 SF |
| Status | Active | Total Land Area | 5.79 AC |
| Price | $9,500,000 CAD |
| Price / SF | $105.59 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 89,974 SF |
| Total Land Area | 5.79 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2908 2nd Ave SE, Calgary, AB T2A 7V3 | Industrial | 27,124 SF | 1995 | - |
| 128-168 28th St SE, Calgary, AB T2A 6J9 | Retail | 55,274 SF | 1995 | - |
| 228 28th St SE, Calgary, AB T2A 6J9 | Retail | 5,534 SF | 1995 | - |
| 188 28th St SE, Calgary, AB T2A 6J9 | Retail | 2,042 SF | 1995 | - |
1 1
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Plaza 28
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.