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

  • 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. 1 mile east of Stoney Trail. Great investment for long term hold. 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

  • 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

    125 Main Street N Airdrie T4B 0R8 Downtown

    $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

  • 2 1133 17 Avenue NW in Calgary: Capitol Hill Mixed Use for sale : MLS®# A2184464

    2 1133 17 Avenue NW Capitol Hill Calgary T2M 0P6
    Main Photo: 2 1133 17 Avenue NW in Calgary: Capitol Hill Mixed Use for sale : MLS®# A2184464

    2 1133 17 Avenue NW Calgary T2M 0P6 Capitol Hill

    $3,500,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2184464
    This three-story building, situated on an 11,948-square-foot lot, holds 10 distinct titles. It encompasses two commercial units: a 3,452 sq. ft. main floor space currently vacant for multy purpouse potential. and a 2,000 sq. ft. lower level space occupied by a church. Additionally, the property boasts 8 upgraded two-bedroom residential units, each with an area of 796 sq. ft. With 21 exterior ground-level parking stalls. This property is ideally located across from SAIT and mere minutes from downtown, making it a prime revenue-generating asset with diverse tenants. A Phase I environmental assessment was completed in 2014, and the property achieved a gross revenue of $260,000 in 2023. There is also potential to convert the building units into a condominium. there are 10 separate titles for units 1 and 2 and also apartments units 101-104 and 201-204 for the apartments More details
    Listed by RE/MAX House of Real Estate
    LISTING DETAILS
    Mohit Dhilon

  • 2611, 2613, 2615 14 Street SW in Calgary: Bankview Mixed Use for sale : MLS®# A2192967

    2611, 2613, 2615 14 Street SW Bankview Calgary T2T 3T9
    Main Photo: 2611, 2613, 2615 14 Street SW in Calgary: Bankview Mixed Use for sale : MLS®# A2192967

    2611, 2613, 2615 14 Street SW Calgary T2T 3T9 Bankview

    $2,388,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2192967
    Prime Land Assembly in SW Calgary’s Vibrant Core! Discover an extraordinary opportunity to own an expansive, consolidated commercial and mixed-use parcel in the heart of Calgary’s most dynamic inner-city neighborhoods—Bankview and Marda Loop. This rare C-COR1 zoned land assembly, strategically positioned along high-traffic 14th Street SW, offers unparalleled visibility and accessibility, just minutes from downtown, boutique shopping, dining hubs, and major transit routes. The combined lots (2611, 2613, 2615 14 Street SW) deliver a spacious 75’ frontage x 112’ depth, totaling approximately 8,395 sqft—a versatile canvas for visionary redevelopment. Unlock Transformative Potential: Zoned for mixed-use commercial and residential development, this site invites innovative concepts such as boutique retail spaces, modern office suites, luxury condos, or a dynamic hybrid of both. Capitalize on soaring demand in one of Calgary’s fastest-growing areas, where urban convenience meets community charm. With Marda Loop’s trendy cafes, fitness studios, and cultural hotspots at your doorstep, this location promises high foot traffic and enduring tenant appeal. Prime Connectivity: Direct access to Crowchild Trail, 17th Avenue SW, and downtown core ensures effortless commutes. Thriving Demographics: Situated in a walkable, amenity-rich area attracting young professionals, families, and upscale renters. Future-Ready Investment: Calgary’s urban intensification trends and infrastructure growth amplify this site’s long-term value. Seize this once-in-a-lifetime chance to shape SW Calgary’s skyline. Whether crafting a landmark mixed-use tower or a chic low-rise complex, this land assembly delivers limitless ROI potential. Act now—opportunities of this caliber rarely surface in such coveted locales! Don’t Wait—Transform Vision into Legacy. Contact us today to explore this unmatched development gem. More details
    Listed by Century 21 Bravo 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! More details
    Listed by Century 21 Bravo Realty
    LISTING DETAILS
    Mohit Dhilon

  • 1318 15 Avenue SW in Calgary: Beltline Multi Family for sale : MLS®# A2221648

    1318 15 Avenue SW Beltline Calgary T3C 0X7
    Main Photo: 1318 15 Avenue SW in Calgary: Beltline Multi Family for sale : MLS®# A2221648

    1318 15 Avenue SW Calgary T3C 0X7 Beltline

    $2,495,000
    Commercial
    Status:
    Active
    MLS® Num:
    A2221648
    Outstanding opportunity to acquire a fully assembled, mid-block development site in Calgary’s Beltline community. This 9,756 square foot site spans three contiguous lots at 1314, 1316, and 1318 15 Avenue SW and is currently zoned CC-MH (Centre City Multi-Residential High Rise District) under Land Use Bylaw 1P2007. This zoning supports a Floor Area Ratio (FAR) of up to 5.0, allowing for substantial future density in one of Calgary’s most dynamic and walkable urban neighbourhoods. The site is rectangular in shape with approximately 75 feet of frontage along 15 Avenue SW and rear lane access, offering strong development efficiency. Located between 12 Street and 14 Street SW, it enjoys immediate access to key commuter routes including 14 Street, 17 Avenue, and 12 Avenue SW, with nearby transit options enhancing connectivity for future residents or tenants. The property is within walking distance to grocery stores, restaurants, fitness studios, and both downtown and 17th Avenue’s retail corridors—an essential attribute for any successful multi-residential project. The land is improved with three separate structures: two are currently rented out, and the third is used as a professional office space. These improvements generate short-term holding income and provide flexibility for interim commercial or residential uses (subject to City of Calgary approvals). The site’s existing configuration and tenancies reduce carrying costs while future development planning is underway. This valuation reflects comparability to several recent area land transactions, adjusted for location, zoning, and development readiness. No development applications have been submitted to date, providing a clean slate for a custom-built vision. With its location inside the Beltline Area Redevelopment Plan, this parcel benefits from a municipal planning framework that prioritizes high-density residential growth. The CC-MH zoning allows for a wide range of uses and building forms, with potential for further density incentives where community benefit contributions apply. Whether you're a builder, developer, or investor seeking to hold income-producing land in Calgary’s inner core, this offering provides both immediate utility and long-term potential in equal measure. More details
    Listed by eXp Realty
    LISTING DETAILS
    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

    1-12 4607 73 Street NW Calgary T3B 2M3 Bowness

    $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.
    LISTING DETAILS
    Mohit Dhilon
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Data was last updated April 12, 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.