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 building was completed in 2015. Is currently used as a medical building, with 7893 sq ft on two floors, it is in excellent condition. Great location bordering a busy road and surrounded by a lot of residential complexes. It is secured, and air-conditioned, elevator, handicap access, and free parking surrounding the building. It is currently completely leased to many medical practitioners. Currently showing a 4.2% 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

  • 4402 17 Avenue SE in Calgary: Forest Lawn Business for sale : MLS®# A2153407

    4402 17 Avenue SE Forest Lawn Calgary T2A 0T6
    Main Photo: 4402 17 Avenue SE in Calgary: Forest Lawn Business for sale : MLS®# A2153407

    4402 17 Avenue SE Calgary T2A 0T6 Forest Lawn

    $3,750,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2153407
    Build. Type:
    Commercial Mix
    2 Storey building on 17th Ave SE For Sale, Main Floor is leased to restaurant and lounge, 2nd floor has 8 apartment units and fully rented. property with two vacant sites behind the building included in price and used for parking. Building available with existing restaurant and lounge tenants or available with main floor vacant. Priced below replacement cost. Lower level is developed with 2434 Sq. Ft, Total including lower level 17,580 Sq. Ft. Land size including extra parking 21,700 Sq. Ft. More details
    Listed by Grey Rock Properties
    LISTING DETAILS
    Mohit Dhilon

  • 125 Main Street N: Airdrie Retail for sale : MLS®# A2172159

    125 Main Street N Airdrie Airdrie T4B 0R8
    Main Photo: 125 Main Street N: Airdrie Retail for sale : MLS®# A2172159

    125 Main Street N Airdrie T4B 0R8 Airdrie

    $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.
    LISTING DETAILS
    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

    108 17 Avenue NW Calgary T2M 0M6 Tuxedo Park

    $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
    LISTING DETAILS
    Mohit Dhilon

  • 12 3016 5 Avenue NE in Calgary: Franklin Mixed Use for sale : MLS®# A2176292

    12 3016 5 Avenue NE Franklin Calgary T2A 6K4
    Main Photo: 12 3016 5 Avenue NE in Calgary: Franklin Mixed Use for sale : MLS®# A2176292

    12 3016 5 Avenue NE Calgary T2A 6K4 Franklin

    $1,350,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2176292
    Build. Type:
    Commercial Mix
    Excellent opportunity in a 3-storey freestanding office building move-in ready with a lot of open parking in the central location offered for sale in the heart of NE near Marlborough C-Train. the building was being used for multiple purposes such as educational training institutions, corporate offices and the West Jet call center. The building has been condomized many units are available on all levels, on the main floor space is available for medical-related facilities, a family clinic, a dentist clinic, an optometrist clinic and a medical test laboratory. These premises also have front, rear and side entrances, and, very visible signage space signage is also available. This is easily accessible from Barlow Trail, 36 St NE, and 16 Ave and easy commute to Memorial Drive, Downtown, Deerfoot Trail and Airport. More than 100 surface car parking stalls and Marlborough public transportation are accessible within easy walking distance. This office building mostly consists of fully developed rooms, a kitchen area, reception zones, and boardrooms. This is a fantastic opportunity for an investor or owner user looking for value in a very busy city of Calgary real estate market with excellent access to Downtown, Memorial Dr and Deerfoot Trail. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS
    Mohit Dhilon

  • 409 10 Avenue SE in Calgary: Beltline Office for sale : MLS®# A2179339

    409 10 Avenue SE Beltline Calgary T2G 0W3
    Main Photo: 409 10 Avenue SE in Calgary: Beltline Office for sale : MLS®# A2179339

    409 10 Avenue SE Calgary T2G 0W3 Beltline

    $11,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2179339
    Build. Type:
    Free-Standing
    409 10th Ave is a 68,910 square foot, two storey office building located on a 0.90 acre site in the east side of Calgary’s trendy Beltline District. The building is located in close proximity to the BMO Centre, downtown +15 network, LRT stations, and proposed River District revitalization which includes Scotia Place arena. • 409 10th Ave features an impressive atrium style lobby, high exposed ceilings, a main floor loading dock, rooftop and second floor outdoor patio, as well as 77 heated underground parking stalls. Furthermore, 409 10th Ave has been designed to be able to add up to two additional floors to the East Wing, providing the opportunity for future expansion. • 409 10th Ave is currently 42% leased to a strong covenant tenant and is a fantastic opportunity for an owner occupier looking to acquire a well performing, character office property in a high profile Beltline location, in a strengthening Calgary rental market. This is a unique opportunity to participate in the future River District revitalization and Scotia Place arena opening which will bring additional vibrancy to the area. More details
    Listed by Honestdoor Inc.
    LISTING DETAILS
    Mohit Dhilon

  • 57 3131 27 Street NE in Calgary: Sunridge Retail for sale : MLS®# A2183508

    57 3131 27 Street NE Sunridge Calgary T1Y 6Z1
    Main Photo: 57 3131 27 Street NE in Calgary: Sunridge Retail for sale : MLS®# A2183508

    57 3131 27 Street NE Calgary T1Y 6Z1 Sunridge

    $1,299,900
    Commercial
    Status:
    Active
    MLS® Num:
    A2183508
    Build. Type:
    Commercial Mix
    This versatile retail/commercial property is ideal for various business or medical uses. Previously a physiotherapy clinic, the space offers a functional layout suitable fo Medical Facilities (clinic, lab, optical center) Community Services (mini banquet hall, community center).Corporate Offices ,flexible leasing and purchase options, including rent-to-own Well-maintained infrastructure for health and professional services Excellent location with easy accessibility. Spacious interiors ready for customization.This is a perfect opportunity for businesses or organizations looking to establish their presence in a thriving area, possibly Subdividable for small businesses is being offered for sale /lease and rent to own. There are numerous options available to get the advantage of this sizeable facility such as a ladies' gym, and eye care clinic, community centre, banquet hall, The current Physiotherapy space is fully suitble with all the required necessities, and turn-key operation is awaiting you to take over the charge without wasting time in getting permits and developments, ready to start your business tomorrow. Many other medical and health-related facilities like test labs etc are very much possible. This strip mall is well-known for its Cardiology Hospital, Kbob Fusion Restaurant, Clay oven Restaurant Medical Clinic, Pharmacy, Dentist Clinic and many other businesses. This is one of the busiest plazas in the North East area it has a lot of parking spaces.NOTE: The physiotherapy equipment and furniture are negotiable separately and not included in the price. More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS
    Mohit Dhilon

  • 152 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2184665

    152 328 Centre Street SE Chinatown Calgary T2G 4X6
    Main Photo: 152 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2184665

    152 328 Centre Street SE Calgary T2G 4X6 Chinatown

    $180,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2184665
    Build. Type:
    Retail
    Location! Location! Location! A rare opportunity to own this store on the main floor in Dragon City Mall in Chinatown. High traffic location on the main floor! We currently have a long-term tenant over 20 years at this unit and unit 158. Both units also for sale together or separate. This well established mall is located in the heart of downtown Calgary. Dragon City is the biggest mall and the most recognized landmark in Chinatown. Retail traffic generated 7 days a week & features elevator access from the underground parking facility or 3 street level entrances at grade. There are restaurants, a bakery, fashion boutiques, bubble tea shops, a bookstore, a pharmacy, a cellular phone repair, beauty shops, massage clinics, a medical centre, etc. You are welcome to change to any kind of business you want. Now is time to own the property with the cap rate of 5%+. Please do not approach the staff. Come and see for yourself before it's gone. Call today! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
    Mohit Dhilon

  • 200A Centre Street SE in Calgary: Chinatown Mixed Use for sale : MLS®# A2194322

    200A Centre Street SE Chinatown Calgary T2G 2B6
    Main Photo: 200A Centre Street SE in Calgary: Chinatown Mixed Use for sale : MLS®# A2194322

    200A Centre Street SE Calgary T2G 2B6 Chinatown

    $699,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2194322
    Build. Type:
    Mixed Use
    Prime Downtown Calgary Investment Opportunity! Ideal for Owner-Users or Investors, this fully renovated 2-storey retail/office building is move-in ready! Remodeled in 2023, this charming brick building features a modern open-concept design and can be easily converted into two separate rental units—one for the upper level and the other for the main floor and basement. Fantastic Location with High Visibility! With an attractive storefront and heavy foot & vehicle traffic, this property is perfectly positioned for maximum exposure. Building Details: • Total Size: 1700 sq. ft. • Main Floor & Upper Level • 130 sq m lot • Basement: Over 450 sq. ft. of additional space • Parking: 3 dedicated stalls • Status: Vacant & Show-Perfect! Don't miss out on this exceptional downtown opportunity! More details
    Listed by Homecare Realty Ltd.
    LISTING DETAILS
    Mohit Dhilon

  • 1160 2 Royal Vista Link NW in Calgary: Royal Vista Retail for sale : MLS®# A2195273

    1160 2 Royal Vista Link NW Royal Vista Calgary T3R 1T9
    Main Photo: 1160 2 Royal Vista Link NW in Calgary: Royal Vista Retail for sale : MLS®# A2195273

    1160 2 Royal Vista Link NW Calgary T3R 1T9 Royal Vista

    $2,300,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2195273
    Here’s your chance to own a turnkey Korean BBQ restaurant and commercial condo in a prime Calgary location, offering over 2200 sqft of space. This sale includes both the business and the property, making it an ideal opportunity for someone ready to take over a fully operational and established restaurant. The property features newer equipment, including modern table BBQ setups and efficient HVAC systems, ensuring a high-quality and comfortable dining experience. The business also comes with proven recipes, sauces, and ingredients, and the seller is happy to assist with ready-to-cook ingredients after the sale, ensuring a smooth transition. With 2200+ sqft of space, you not only get a restaurant but also commercial real estate in a prime Calgary location. Whether you want to maintain the current business or introduce your own ideas, this property provides a solid foundation for success. Don’t miss this unique opportunity to own a thriving Korean BBQ restaurant and valuable commercial real estate in Calgary! More details
    Listed by First Place Realty
    LISTING DETAILS
    Mohit Dhilon

  • 158 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2193138

    158 328 Centre Street SE Chinatown Calgary T2G 4X6
    Main Photo: 158 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2193138

    158 328 Centre Street SE Calgary T2G 4X6 Chinatown

    $170,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2193138
    Build. Type:
    Mixed Use
    Location! Location! Location! A rare opportunity to own this store on the main floor in Dragon City Mall in Chinatown. High traffic location on the main floor! We currently have a long-term tenant over 20 years at this unit and unit 158. Both units also for sale together or separate. This well established mall is located in the heart of downtown Calgary. Dragon City is the biggest mall and the most recognized landmark in Chinatown. Retail traffic generated 7 days a week & features elevator access from the underground parking facility or 3 street level entrances at grade. There are restaurants, a bakery, fashion boutiques, bubble tea shops, a bookstore, a pharmacy, a cellular phone repair, beauty shops, massage clinics, a medical centre, etc. You are welcome to change to any kind of business you want. Now is time to own the property with the cap rate of 5%+. Please do not approach the staff. Come and see for yourself before it's gone. Call today! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
    Mohit Dhilon
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Data was last updated October 29, 2025 at 06:05 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.