Medical, Dental & Health Clinics for Sale in Calgary

Related searches

Market snapshot

• About 50 clinic-related properties sold through MLS® in Calgary since 2021, mostly retail and office condo units, at a median price of about $646,500.
• The middle half of clinic property sales landed between about $366,000 and $1.05 million.
• Clinic-ready space leased for a median of about $29.50 per sq ft per year, with most leases between about $22 and $34.
• Clinic businesses sold without real estate had a median price of about $70,000, mostly smaller wellness and allied health practices.

Source: CREB® MLS® sales and lease data via Pillar 9 for the City of Calgary since 2021. Prices rounded.

Every type of clinic and health care space in Calgary

This page covers every kind of health care practice and space. Whether you are a practitioner buying your first location, an operator adding a second clinic or an investor looking for a medical tenant, here is what comes up most in Calgary.

Do not see your type of clinic in the listings above? Call or text Mohit at (587) 719-5523 and he will search for it, including practices and spaces that are not advertised yet.

Buying a practice versus buying clinic space

A practice sale is about patients, staff and revenue. A property sale is about the space. Many practitioners do both over time: they buy a practice in leased space, then buy their own unit when the lease comes up. If you are buying the real estate, compare price per square foot and leasehold improvements, because a fully built-out dental or medical suite can cost several hundred dollars per square foot to create from scratch. See more spaces on our office space and retail properties pages.

Physiotherapy, chiropractic and massage clinics are usually easier to start in a retail or office unit, while dental, medical and veterinary clinics need more plumbing, electrical and shielding work, so existing built-out space is worth more to them.

What to check before you buy a clinic

• Patient base: active patients, billing history and how patients will be told about the new owner.
• Regulatory approval: physicians answer to the College of Physicians & Surgeons of Alberta, and dentists, pharmacists, physiotherapists, chiropractors and veterinarians to their own colleges and associations. Clinic ownership and transfer rules differ by profession.
• Patient records: who is the custodian, and how they transfer under Alberta's health privacy rules.
• Equipment: age, service records and leases on dental chairs, imaging, treatment tables and sterilization equipment.
• Staff and associates: contracts, non-competes and whether key practitioners will stay.
• Space: plumbing for dental chairs, x-ray shielding, accessibility and parking.

Medical office condos as an investment

Medical and dental tenants tend to stay a long time because their build-outs are expensive to move. That makes clinic units popular with investors who want a stable tenant. Check the tenant's lease length, renewal options and who paid for the improvements. Condo bylaws matter too: some buildings restrict medical uses or require approval for x-ray and dental equipment.

Where clinics do well in Calgary

Clinics follow families. New communities in the north-east, south-east and north-west, including Mahogany, Cornerstone and Savanna, have added thousands of households faster than new clinics. Retail plazas with grocery anchors and good parking are the most sought-after locations for walk-in and family practices. Physiotherapy, chiropractic, massage and pharmacy locations also benefit from being near medical clinics, which send them referrals and foot traffic.

Selling a clinic or medical property

Clinic sales need confidentiality: patients and staff shouldn't hear about a sale before it is firm. I market practices and clinic properties directly to practitioners and investors, with financials shared only after an NDA. Start with a business valuation or a property valuation.

About this page

This page was written by Mohit Dhillon, REALTOR® with Dhillon & Co. Real Estate Group at Century 21 Bravo Realty. Mohit works mostly in commercial real estate and business sales across Calgary and Alberta. He serves clients in English, Punjabi, Hindi and Urdu.

Prices and lease rates on this page come from CREB® MLS® data via Pillar 9 and CoStar market data. Rules and requirements come from the government and industry sources listed below. Always confirm requirements for a specific property or practice with the relevant authority.

• CREB® MLS® data via Pillar 9
• College of Physicians & Surgeons of Alberta