Multi-Tenant Commercial Buildings in Calgary

Calgary’s multi-tenant commercial real estate market offers consistent returns and diversified income streams for investors. These buildings — often combining retail, office, or service-based tenants — deliver strong occupancy rates and long-term value, especially in high-traffic and suburban growth areas. With Alberta’s business-friendly environment and low operating costs, multi-tenant properties in Calgary continue to attract both local and national investors. Whether acquiring a neighborhood retail plaza, a mixed-use strip mall, or a professional center, buyers benefit from reliable cash flow, tenant stability, and appreciation potential supported by Calgary’s expanding commercial base.

All listings on this page are sourced directly from the Alberta MLS® and updated in real time. You can explore office spaces, retail storefronts, industrial properties, and development land with complete accuracy. Use the tools below to save searches, compare property types, and request private tours.

Ready to take the next step? (587)-719-5523 / Get in touch or visit MohitDhillon.com with us today to discuss your commercial real estate goals or schedule a personalized property tour.

Multi-Tenant Commercial Buildings - Listings

Find Multi-Tenant Commercial Buildings in Calgary

Forgot password Extend Verify Contact
1-12/97
  • 6108 Bowness Road NW in Calgary: Bowness Office for sale : MLS®# A2086117

    6108 Bowness Road NW Bowness Calgary T3B 0E1
    Main Photo: 6108 Bowness Road NW in Calgary: Bowness Office for sale : MLS®# A2086117
    $2,850,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2086117
    Build. Type:
    Free-Standing
    The stand-alone medical building was completed in 2015. It Is currently primarily used as a medical building, with 7893 sq ft on two floors, well maintained, and is in excellent condition. Great location bordering a busy road and surrounded by a lot of residential complexes. It is secured, and air-conditioned, has an elevator, handicap access, and free parking surrounding the building. It is currently completely leased to many medical practitioners. Showing a decent cap rate. More details
    Listed by CIR Realty
    Mohit Dhilon
  • 1501 1 Street SE in Calgary: Beltline Retail for sale : MLS®# A2118801

    1501 1 Street SE Beltline Calgary T2G 2J4
    Main Photo: 1501 1 Street SE in Calgary: Beltline Retail for sale : MLS®# A2118801
    $2,500,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2118801
    Build. Type:
    Free-Standing
    Great Opportunities! Future Mixed-Use Development Site on Corner Location with Interim holding Income. Corner Lot of Prime location, steps to stampede grounds, BMO centre, 17th avenue shops and restaurants, transit and casino. CC-MHX ZONING ALLOWS FOR 3 TIMES SITE COVERAGE WITH NO LIMITATION ON BUILDING HEIGHT. This freestanding retail building located on a corner lot (1st street South bound Macleod Trail) and 15th Ave SE in the heart of Victoria Park. The existing building is 2,132 SF WITH 7 parking stalls. There is potential to build high rise and low rise building if unified with neighbor's vacant lot. Pls. see the photos for 2 possible developments options. NEW UPDATES: This building has been fully renovated to professional SPA with many upgrades. 3 professional rooms added in the main floor with brand new gorgeous shower, new flooring, new furnace and new heat water tank. This brings nice business income. More details
    Listed by Century 21 Bamber Realty LTD.
    Mohit Dhilon
  • 16909 104 Street SE in Calgary: Mixed Use for sale : MLS®# A2132351

    16909 104 Street SE Calgary T3S 0A8
    Main Photo: 16909 104 Street SE in Calgary: Mixed Use for sale : MLS®# A2132351
    $4,400,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2132351
    Build. Type:
    See Remarks
    20 ACRES in Calgary SE. Zoned SFUD FRML with rental income. Possible RV Storage allowed. Pre-app meeting with City of Calgary completed. Property 1 mile east of Stoney Trail on Highway 22X and 1/2 mile south on 104 Street SE.. Great investment for long-term hold. Call your realtor for additional information. Residental land developers have bought up neighbouring properties. Property across the road and south was recently purchased for residential development More details
    Listed by RE/MAX Landan Real Estate
    Mohit Dhilon
  • 13515 84 Street SE in Calgary: Shepard Industrial Mixed Use for sale : MLS®# A2149049

    13515 84 Street SE Shepard Industrial Calgary T3S 0A6
    Main Photo: 13515 84 Street SE in Calgary: Shepard Industrial Mixed Use for sale : MLS®# A2149049
    $7,845,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2149049
    Build. Type:
    Mixed Use
    Excellent investment opportunity with 52.34 acres of S - FUD { future urban development } land in SE Calgary . This property is just north down the road from Hotchkiss development and across the road from Ralf Klein park . The new ring road borders the west side of the property while 84 street borders the east boundary . This property also sits on the north boundary of the up and coming 130 th avenue overpass .A perfect strategic location with lots of possibilities .There are signs at the north end and at the gate near the south end of the property . More details
    Listed by MaxWell Capital Realty
    Mohit Dhilon
  • 125 Main Street N in Airdrie: Downtown Retail for sale : MLS®# A2172159

    125 Main Street N Downtown Airdrie T4B 0R8
    Main Photo: 125 Main Street N in Airdrie: Downtown Retail for sale : MLS®# A2172159
    $10,880,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2172159
    Build. Type:
    Commercial Mix
    This is an excellent opportunity for a savvy investor to acquire the Airdrie Town Centre: a prime investment opportunity within the ‘Downtown Revitalization Plan Area’ making it a very desirable property to own in the short and long term. This property is located on Main Street with great curb appeal, drive by visibility, on site parking (59 stalls) and a brand-new elevator (2023) servicing the second floor. This building is 100% occupied with only one vacancy of 900 sq. ft. which the owner is actively marketing for lease. The property is tenanted by quality tenants with 74% of the building leased until March of 2033. Current Net Rental income is $622,750 + amortization recovery of $57,800 which equals Total Net Revenue of $680,600 for 2025. Over the next ten years the total net revenue is projected to average $737,900 per annum. Click the link below to download the brochure! More details
    Listed by Manchester Properties Inc.
    Mohit Dhilon
  • 108 17 Avenue NW in Calgary: Tuxedo Park Retail for sale : MLS®# A2174959

    108 17 Avenue NW Tuxedo Park Calgary T2M 0M6
    Main Photo: 108 17 Avenue NW in Calgary: Tuxedo Park Retail for sale : MLS®# A2174959
    $1,990,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2174959
    Build. Type:
    Retail
    With an exploding Calgary population and demographic that is growing exponentially, here is an opportunity to own a rare commercial retail property with land! Highly centralized and located near the busy 16 Ave NW traffic and Centre Street, this beautiful corner lot not only boasts its redevelopment potential, it is also part of the ongoing and complete makeover of the 16 Ave landscape. Additionally, it is inside the city transit LRT expansion projects as well as walking distance from the Bus Rapid Transit. Zoned for Commercial Corridor 2 (C-COR2 f3.0h20) with an approx. 9376 sq ft footprint. The building is a purpose built, fully fixtured restaurant that effectively maximizes the combined 3800 Sqft usable space. Comes with a total of 14+ parking spaces making this high in demand retail restaurant location that various franchises have inquired about. Whether you are looking for investment hold or owner-user, take advantage of this perfect opportunity in the current economic conditions and interest rates coming down. Owner is retiring and priced to sell. More details
    Listed by Century 21 Bravo Realty
    Mohit Dhilon
  • 2620 Centre Street NE in Calgary: Tuxedo Park Mixed Use for sale : MLS®# A2201816

    2620 Centre Street NE Tuxedo Park Calgary T2E 2V4
    Main Photo: 2620 Centre Street NE in Calgary: Tuxedo Park Mixed Use for sale : MLS®# A2201816
    $2,650,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2201816
    Build. Type:
    Mixed Use
    Prime Development Opportunity – 0.25 Acre Lot on Centre Street North An exceptional investment opportunity in the heart of Calgary! This rare 0.25-acre lot is ideally positioned just 6 minutes from downtown, offering unparalleled access to the city’s core. With high-density mixed-use zoning, this site is primed for a future development featuring main-floor retail and upper-level residential units—perfect for capitalizing on Calgary’s growing demand for centrally located commercial and residential spaces. Centre Street North is a rapidly evolving corridor with increasing foot traffic, strong retail potential, and seamless connectivity to transit and major roadways. As Calgary continues to expand, this location offers investors and developers a strategic advantage in a high-demand market. Don't miss the chance to bring a visionary project to this thriving urban hub. Inquire today to explore the potential of this prime development site! More details
    Listed by Homecare Realty Ltd.
    Mohit Dhilon
  • 3104 Main Street in Airdrie: South Point Retail for sale : MLS®# A2202762

    3104 Main Street South Point Airdrie T4B 3G5
    Main Photo: 3104 Main Street in Airdrie: South Point Retail for sale : MLS®# A2202762
    $1,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2202762
    A remarkable new retail plaza is coming soon to Main Street in Airdrie, Alberta, offering an unparalleled opportunity to own in a prime location. Set to be completed by fall of 2026, this retail hub is located on Airdrie’s busiest corridor, ensuring prime visibility and high foot traffic. This retail destination is suitable for an array of businesses, including , vetinary clinic, liquor store, franchises, and more. As Airdrie continues to grow, the plaza’s location on Main Street makes it the perfect spot to capitalize on the area’s thriving commercial activity and expanding residential communities. Don’t miss your chance to be part of Airdrie’s most anticipated retail development! More details
    Listed by Century 21 Bravo Realty
    Mohit Dhilon
  • 1-12 4607 73 Street NW in Calgary: Bowness Multi Family for sale : MLS®# A2225168

    1-12 4607 73 Street NW Bowness Calgary T3B 2M3
    Main Photo: 1-12 4607 73 Street NW in Calgary: Bowness Multi Family for sale : MLS®# A2225168
    $2,999,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2225168
    Build. Type:
    Low Rise (2-4 stories)
    This is the sale of units 1-12 inclusive in condo plan 7811038. All units are 12 bi-level townhomes, 2 beds and 1 bath, with washer/dryer hook-ups. Tenants pay their own utilities and supply their own washer/dryer. Each unit has its own separate entrance, with around 1100 sqft of rentable space, and its own furnace/hot water tank. M-C1 lot measuring 120 ft. x 150 ft. 12 parking stalls with electrical hook-ups. Bowness is on the rise as an emerging neighborhood with ongoing new development, due to its close proximity to the Bow River, University of Calgary and easy access to the Trans-Canada Highway. More details
    Listed by Michael Fleming Realty Corp.
    Mohit Dhilon
  • 123 Any Street in Calgary: Downtown West End Business for lease : MLS®# A2226669

    123 Any Street Downtown West End Calgary T2P 1A9
    Main Photo: 123 Any Street in Calgary: Downtown West End Business for lease : MLS®# A2226669
    $2,420,000
    Commercial
    Status:
    For Lease
    MLS® Num:
    A2226669
    Build. Type:
    High Rise
    Located in the heart of Calgary's Central district, this daycare benefits from a prime location, close proximity to the c-train. This facility features an expansive indoor space of over 4,000sqft and a rarely found rooftop outdoor playground of approximately 5,000sqft also a separated stroller parking area. Currently operating at full capacity with 78 enrolled children and a lengthy charged waiting list, this highly successful business was established in 2014 and is supported by a robust management team, allowing for higher owner absenteeism. Recent upgrades include new cabinets, sleeping pads, toys, and décor, contributing to significant net profits over the past two years. The introduction of a new government policy in 2025 is expected to generate an additional $100,000 in net profit. With a competitive lease rate of $6,296/month, inclusive of operating costs, and nine years remaining, this exceptional opportunity is ideal for an experienced provider or new investor seeking a turnkey business and well-established venture. More details
    Listed by CIR Realty
    Mohit Dhilon
  • 902 9 Avenue SW in Calgary: Downtown Commercial Core Office for sale : MLS®# A2232286

    902 9 Avenue SW Downtown Commercial Core Calgary T2P 1L8
    Main Photo: 902 9 Avenue SW in Calgary: Downtown Commercial Core Office for sale : MLS®# A2232286
    $2,890,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2232286
    Build. Type:
    Commercial Mix
    High-exposure medical office building in downtown Calgary, featuring two long-term, complementary tenants—a dental office and a dental lab—with additional space available for lease. This well-maintained property offers a strong foundation of stable income, future leasing potential, and the added benefit of outdoor patio space—a rare bonus in the downtown core. Ideal for investors or owner-users. More details
    Listed by RE/MAX Key
    Mohit Dhilon
  • 101 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2238574

    101 328 Centre Street SE Chinatown Calgary T2G 4X6
    Main Photo: 101 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2238574
    $1,398,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2238574
    Build. Type:
    Commercial Mix
    Investors Opportunity – Prime Commercial Property in Downtown Calgary! Exceptional commercial property for sale at one of the most sought-after and central locations in Calgary’s vibrant downtown core — right at the entrance of Dragon City Mall on Centre Street. This high-exposure CORNER unit offers unmatched visibility and access, benefiting from constant vehicle and foot traffic. Currently leased to a well-established and popular restaurant operating successfully for over 20+ years. The existing long-term tenant is open to signing a new lease, providing instant rental income stability. Alternatively, seize the opportunity to take over the existing business or launch your own business venture at this high-traffic location. Opportunities like this are extremely rare — ideal for investors or owner-operators looking for prime commercial real estate with proven performance. Don’t miss out – ACT NOW! More details
    Listed by RE/MAX House of Real Estate
    Mohit Dhilon
1-12/97
Data was last updated June 4, 2026 at 10:05 AM (UTC)
Calgary Commercial Real Estate

Explore Multi-Tenant Commercial Buildings in Calgary

Multi-tenant assets range from compact retail plazas with local businesses to larger professional or industrial complexes housing multiple long-term tenants. Investors can explore properties with established leases for immediate income or redevelopment potential for increased yields. Calgary’s evolving economy supports diverse tenancy profiles — from healthcare and service operators to national franchises and logistics users — ensuring steady demand and occupancy stability across asset classes.

Whether you’re expanding your business or building your investment portfolio, explore a wide range of opportunities below:

Market Overview

The Calgary multi-tenant market remains one of the most resilient investment categories in Western Canada. Low vacancy levels, competitive rental rates, and population-driven retail demand create a favorable environment for investors seeking passive income. Suburban communities and emerging mixed-use districts are seeing strong leasing momentum as consumer traffic and small business activity expand. Institutional investors continue to show interest in well-located strip malls and professional complexes, while private buyers leverage strong capitalization rates to secure income-generating assets.

Investment Insights

Owning multi-tenant commercial property in Calgary provides an opportunity to diversify income and hedge against vacancy risk. Buildings with balanced tenant mixes — such as service providers, medical clinics, and QSR anchors — maintain high renewal rates and predictable revenue. Cap rates typically range from 5% to 7%, depending on location, lease terms, and tenant quality. With Alberta’s absence of provincial sales tax and minimal property transfer costs, investors achieve higher net yields compared to other major Canadian markets.

FAQ's

What defines a multi-tenant commercial property?
It’s a building with multiple independent tenants, such as retail plazas, office complexes, or mixed-use developments sharing operating costs.

Are multi-tenant properties in Calgary profitable?
Yes. They provide steady rental income, reduced vacancy risk, and appreciation supported by Calgary’s population and economic growth.

What locations offer the best multi-tenant investment opportunities?
High-performing areas include NE Calgary, Seton, Airdrie, and Westwinds, where traffic visibility and growth trends remain strong.

How can investors finance multi-tenant assets in Alberta?
Lenders such as BDC, credit unions, and private financing groups offer competitive commercial mortgage terms for stabilized, income-producing properties.

Can you help me sell or lease my commercial property?
Yes. We provide a complete marketing system for valuations, listings, and exposure to active buyers and investors.

Signup for our newsletter

STAY UP-TO-DATE WITH LATEST NEWS AND TIPS

Stay up to date with the Calgary commercial real estate market through our monthly newsletter. Get the latest MLS® listings, market insights, investment trends, and buying or leasing tips delivered straight to your inbox. You can unsubscribe anytime, and your email address will always remain private.

Signup for our newsletter Form Form

BUY or SELL - Contact Us Today!

(587)-719-5523

Find Calgary & Alberta commercial properties for sale/lease with real-time MLS® listings. From retail to industrial, warehouses and development land, explore opportunities across Calgary, Airdrie, Chestermere, and beyond.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.