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

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  • 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

    6108 Bowness Road NW Calgary T3B 0E1 Bowness

    $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
    LISTING DETAILS
    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

    1501 1 Street SE Calgary T2G 2J4 Beltline

    $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.
    LISTING DETAILS
    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

    16909 104 Street SE Calgary T3S 0A8

    $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
    LISTING DETAILS
    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

    13515 84 Street SE Calgary T3S 0A6 Shepard Industrial

    $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
    LISTING DETAILS
    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

    2620 Centre Street NE Calgary T2E 2V4 Tuxedo Park

    $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.
    LISTING DETAILS
    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

    3104 Main Street Airdrie T4B 3G5 South Point

    $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! * FOR SALE OR LEASE* More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
    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

    902 9 Avenue SW Calgary T2P 1L8 Downtown Commercial Core

    $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
    LISTING DETAILS
    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

    101 328 Centre Street SE Calgary T2G 4X6 Chinatown

    $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
    LISTING DETAILS
    Mohit Dhilon

  • 1809 5 Street SW in Calgary: Cliff Bungalow Multi Family for sale : MLS®# A2241961

    1809 5 Street SW Cliff Bungalow Calgary T2S 2A8
    Main Photo: 1809 5 Street SW in Calgary: Cliff Bungalow Multi Family for sale : MLS®# A2241961

    1809 5 Street SW Calgary T2S 2A8 Cliff Bungalow

    $7,750,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2241961
    Build. Type:
    Free-Standing
    Real Estate is all about location and this building is located in one of the very best rental locations in Calgary. The building is a short walk to all of the amenities in Mission and 17 Ave SW.. Tenants can easily walk to work or their favorite shops and restaurants. The original owner of this concrete and brick building has done an outstanding job of maintaining and upgrading this property over the years. The building is well organized and well operated. There have been numerous upgrades in the property in the past few years, including a new elevator, a new make up air system, plumbing and heating upgrades as well as refreshing units when units were being turned over. The property is currently operated as a building for low income seniors and the owner have decided to move in a different direction and sell the property. The above ground floors have a sitting area for tenants to enjoy at their leisure if they wish to visit amongst themselves. The existing vacant units and any upcoming vacant units will be available to the new owners to rent as they choose. The Villa has a large amount of community activity space in the lower level, for gatherings, plus a games room, a boardroom, and office. There are 6 parking stalls at the rear of the building and 10 more parking stalls (1715 5th St SW) north of the building on a titled lot. The new owner can move the rents to market levels and enjoy this excellent investment for many decades. More details
    Listed by Michael Fleming Realty Corp.
    LISTING DETAILS
    Mohit Dhilon

  • 723 5 Street NE in Calgary: Renfrew Multi Family for sale : MLS®# A2247596

    723 5 Street NE Renfrew Calgary T3E 2W7
    Main Photo: 723 5 Street NE in Calgary: Renfrew Multi Family for sale : MLS®# A2247596

    723 5 Street NE Calgary T3E 2W7 Renfrew

    $2,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2247596
    Huge Price Reduction - Prime location six-plex with brick and stucco exterior is located on a quiet street in the heart of Renfrew on a MC-2 lot. There is good access to LRT, amenities, and the downtown from this convenient inner city location. The property contains 4 - two bedroom suites (with balconies) and 2 - one bedroom suites. Each suite has two interior doors for access. There are six outdoor parking stalls with plug-ins. There are several long-term tenants. Suites are quick to rent when vacancies become available and various updates including paint + carpet have been done as suites turnover. Further property details, including rent roll are available upon request. More details
    Listed by Highline Real Estate Inc.
    LISTING DETAILS
    Mohit Dhilon

  • 206 11 Avenue SE in Calgary: Beltline Mixed Use for sale : MLS®# A2253836

    206 11 Avenue SE Beltline Calgary T2G 0X8
    Main Photo: 206 11 Avenue SE in Calgary: Beltline Mixed Use for sale : MLS®# A2253836

    206 11 Avenue SE Calgary T2G 0X8 Beltline

    $1,100,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2253836
    Build. Type:
    Commercial Mix
    An investment opportunity! Fully leased with excellent tenants ! Located in 206 - 11th Avenue SE a building constructed in 1909 originally as a warehouse and in 1996 renovated to accommodate its current configuration of commercial and residential space the units are part of the condominium development known as Imperial Lofts. The listing contains two commercial condominium units of 2500 square feet each so 5000 square feet of usable space. There are three tenants operating in the premises, Bud Bar, Velet Bike Ski Cafe and Anime-Shuns. The space is fully sprinklered and heated by a natural gas boiler system shared with the adjacent building. Positioned in one of Calgary’s most vibrant inner city districts the commercial units present a rare opportunity to acquire condominium units in a landmark character property. Originally constructed in 1909, this iconic brick building underwent a comprehensive renovation and condominium conversion in 1996, thoughtfully blending its historic architectural charm with its modern functionality. Located in the 4-storey brick and beam building with concrete foundation, exposed post and beam construction, exterior brick facade, and a flat membrane roof. The space is fully sprinklered and serviced by natural gas boiler heating system shared with the adjacent buildings. The main and lower levels are dedicated to the commercial retail uses, while the upper three floors contain 6 residential apartment units. The property benefits from exceptional connectivity, and strong pedestrian activity, proximity to downtown Calgary, and the new entertainment district, the new Scotia Bank Arena and including the imminent Green-Line C-Train. More details
    Listed by CIR Realty
    LISTING DETAILS
    Mohit Dhilon

  • 19650 Walden Boulevard SE in Calgary: Walden Retail for sale : MLS®# A2258946

    19650 Walden Boulevard SE Walden Calgary T2X 0M7
    Main Photo: 19650 Walden Boulevard SE in Calgary: Walden Retail for sale : MLS®# A2258946

    19650 Walden Boulevard SE Calgary T2X 0M7 Walden

    $7,140,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2258946
    Build. Type:
    Commercial Mix
    Exceptional Pre-Construction Sale Opportunity waits – DAYCARE Prime Commercial location in Walden Blvd SE, Seize this rare opportunity to own premium commercial space in a brand-new retail plaza, ideally located in the heart of Walden, one of Calgary's fastest-growing communities. Location: Second floor, high-visibility units on bustling Walden Blvd Price: Only $700 per sq ft – an unbeatable value for this prime location approved for rooftop playground approx 4400 sq feet perfect for childcare/daycare use, status Pre-construction Strategic Location Features: High exposure with excellent foot traffic and visibility Surrounded by residential neighborhoods, schools, and amenities easily accessible with ample parking Ideal for a Variety of Businesses, including: Daycare Centre (City-approved rooftop playground!), Barber Shop / Hair Salon Restaurant / Pizza Store / Vape Shop / Veterinary / Optometrist / Grocery Store and many more. This opportunity is perfect for those looking to establish a business in a growing community. More details
    Listed by MaxWell Central
    LISTING DETAILS
    Mohit Dhilon
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Data was last updated September 3, 2026 at 04:05 PM (UTC)
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.
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.

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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.