Retail Investment Properties in Calgary

Cap Rate & Cash Flow Focused Listings for Commercial Retail Buyers

If you're evaluating retail investment properties in Calgary, the numbers matter more than the storefront. This page is built around what investors actually underwrite: cap rate, net operating income, tenant mix, and lease structure, not just square footage and asking price.

Calgary Commercial Investment Snapshot

Retail investment property in Calgary sits inside one of the strongest population and income growth stories in the country, which is exactly what drives foot traffic, tenant demand and rent stability for retail assets.

Key Market Indicators

Population Growth

4.7% Annually

Fastest-growing major metro in Canada (2023–2025 avg)

Median Household Income

$114,200

Highest among major Canadian metros

Regional Economic Growth

2.6% (2025) / ~1.8% (2026)

Consistently above national averages (1.1%)

Commercial Investment Yields

4.75% – 5.25%

50–100 bps above Vancouver & Toronto (as low as 4.5% for best-in-class assets)

Educational Attainment

40%+ Degree Holders

Working-age population (vs 33% national average)

Calgary Commercial Real Estate For Sale & Investing

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450163 82 Street E in Rural Foothills County: Abilds Industrial Park Industrial for sale : MLS®# A1020082
450163 82 Street E Abilds Industrial Park Rural Foothills County T0L 0A0

450163 82 Street E Rural Foothills County T0L 0A0 Abilds Industrial Park

$2,100,000

Commercial

Status:

Active

MLS® Num:

A1020082

INVESTMENT OPPORTUNITY ..........FULLY LEASED 12,000 SQ FT STEEL FRAME SHOP on 2.16 ACRES AVAILABLE FOR SALE . Property features CLEAR SPAN STEEL STRUCTURE BUILDING of 150' X 80' with 20 FT + CEILING / 3PH w/800 AMP /6 @ 14' X 14 ' OVERHEAD DOORS/ 4 @ 2pc washrooms / YARD is fully gravelled with SECURITY Chain link FENCE and YARD LIGHT /MAIN floor office of 760 sq ft PLUS MEZZANINE office of 830 sq ft with kitchenette with BIG WEST MOUNTAIN VIEWS /NO BUSINESS TAXES and LOW PROPERTY TAXES / LOCATED north of Cargill Foods with good access onto #2 HWY via Aldersyde or 498 th Ave OVERPASSES . More details

Listed by Royal LePage Solutions

LISTING DETAILS
- Mohit Dhilon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
6108 Bowness Road NW in Calgary: Bowness Office for sale : MLS®# A2086117
6108 Bowness Road NW Bowness Calgary T3B 0E1

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
13515 84 Street SE in Calgary: Shepard Industrial Mixed Use for sale : MLS®# A2149049
13515 84 Street SE Shepard Industrial Calgary T3S 0A6

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
409 10 Avenue SE in Calgary: Beltline Office for sale : MLS®# A2179339
409 10 Avenue SE Beltline Calgary T2G 0W3

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
124 3670 63 Avenue NE in Calgary: Westwinds Industrial for sale : MLS®# A2183456
124 3670 63 Avenue NE Westwinds Calgary T3J 0S4

124 3670 63 Avenue NE Calgary T3J 0S4 Westwinds

$699,000

Commercial

Status:

Active

MLS® Num:

A2183456

Build. Type:

Commercial Mix

For Sale industrial Bay Condominium in Westwind's NE, Ready to go with Make-up Air unit, currently a Specialty Food Store Bakery. Attractive exterior in great complex, newer construction. Minutes walk to C-Train, Minutes Drive to Airport, Metis Trail, McKnight, Deerfoot and Stoney Trail. Condo Fees $821.47/Month Current Tenant willing to lease back. More details

Listed by Grey Rock Properties

LISTING DETAILS
- Mohit Dhilon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
200A Centre Street SE in Calgary: Chinatown Mixed Use for sale : MLS®# A2194322
200A Centre Street SE Chinatown Calgary T2G 2B6

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
2620 Centre Street NE in Calgary: Tuxedo Park Mixed Use for sale : MLS®# A2201816
2620 Centre Street NE Tuxedo Park Calgary T2E 2V4

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
185 260300 Writing Creek Crescent in Rural Rocky View County: Retail for sale : MLS®# A2208995
185 260300 Writing Creek Crescent Rural Rocky View County T4A 0G3

185 260300 Writing Creek Crescent Rural Rocky View County T4A 0G3

$109,000

Commercial

Status:

Active

MLS® Num:

A2208995

Opportunity to own this Double retail unit. The corner unit is located close to the busy central Atrium, escalators, and elevators. Strategic location just minutes north of Calgary and next to the busy CrossIron Mills Mall. An abundance of underground and convenient surface parking for customers. A growing retail tenant mix in the mall as well as food court and family destination at the popular Sky Castle Entertainment center. This is unit I 18 - located on the corner of 8th Avenue and 85 Street in the mall. Call today for more information on the purchase of this Double Unit More details

Listed by Grand Realty

LISTING DETAILS
- Mohit Dhilon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
186007 Priddis Valley Road W in Rural Foothills County: Mixed Use for sale : MLS®# A2215153
186007 Priddis Valley Road W Rural Foothills County T0L 1W1

186007 Priddis Valley Road W Rural Foothills County T0L 1W1

$2,295,000

Commercial

Status:

Active

MLS® Num:

A2215153

OWNER RETIRING after 35 years, presenting a great opportunity for an Investor or Owner Operator to acquire this unique property, serving the growing area in and around Priddis. In excess of $200,000 worth of IMPROVEMENTS have been made to the property in recent years! EXCELLENT RETURN : 9% CAP RATE on Net Income, before management fee (2024 & 2025 P & L)......... The General Store building was constructed in 1986 and comprises a GAS STATION, CONVENIENCE STORE, and LIQUOR STORE. A one storey frame structure on a full concrete basement, Energy efficient construction, 2x6 frame, clad with vertical cedar siding. A three-quarter verandah with wood rails wraps around the east and northerly elevations, giving the appearance of a rambling ranch style building..... The FUEL TANK was REPLACED in August 2011. The tank is double walled, composed of steel and fiberglass. CAPACITY is 65,000 litres, split into 3 compartments for regular, premium and diesel fuel. The mid-grade fuel is blended at the pumps during pumping. The GAS PUMPS were installed NEW at the same time as the tanks. GROUND WATER MONITORING WELLS are on site for testing. Monitoring sensors are located in pumps and in tanks to warn of any leaks, INCOM MONITORING SYSTEM is set up in the office.The ROOF was REPLACED with new asphalt shingles in November of 2018. The siding was stained in November 2021 and the eavestroughs and soffits were replaced at the same time. The HOT WATER TANK & FURNACE were REPLACED in 2023.......... The Plaza was constructed in 1992. The construction is on slab concrete with wood framing. There are 5 RETAIL BAYS ranging from 700 sq. ft to 2,000 sq. ft. for a total of approximately 6,839 sq. ft. Bay 5 and 4 (3,274 sq. ft) are leased out to a Restaurant and Pub. Bay 1 (717 sq. ft) leased out to a florist....... The second floor consists of 3 APARTMENTS measuring 1200 – 1378 sq. ft are all leased out. There are 2, 3-bedroom apartments and 1, 2-bedroom apartment. Each apartment has a fireplace with gas log lighter, one and half bathrooms, kitchen, a combination of a living room and dining room. Major appliances included in each apartment are washer, dryer, dishwasher, refrigerator, and stove........ The roof is asphalt shingle and was replaced 13 years ago. The flat side of the ROOF was REPLACED with MEMBRANE in June of 2024. The balcony DECKS were REPLACED with MEMBRANE in July 2016. NEWER HWT and FURNACES installed in residential apartments in September of 2020. HARDIE BOARD siding on Plaza installed in 2018. The ROOF TOP UNITS for commercial bays were REPLACED in November of 2024. The floors in the apartments were replaced in 2018. Permanent Xmas lights are installed on the edge of both the general store and plaza.....Property shows a FANTASTIC RETURN with even more UPSIDE to the right operator! More details

Listed by MaxWell Canyon Creek

LISTING DETAILS
- Mohit Dhilon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
101 328 Centre Street SE in Calgary: Chinatown Retail for sale : MLS®# A2238574
101 328 Centre Street SE Chinatown Calgary T2G 4X6

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
206 11 Avenue SE in Calgary: Beltline Mixed Use for sale : MLS®# A2253836
206 11 Avenue SE Beltline Calgary T2G 0X8

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
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
1216 15 Avenue SW in Calgary: Beltline Multi Family for sale : MLS®# A2261454
1216 15 Avenue SW Beltline Calgary T3C 0X5

1216 15 Avenue SW Calgary T3C 0X5 Beltline

$2,750,000

Commercial

Status:

Active

MLS® Num:

A2261454

Build. Type:

Low Rise (2-4 stories)

Excellent Investment Opportunity! 11 x 1 bedroom units. Parking for up to 6 vehicles at the back of the building as well as on street parking. Building has been well maintained with some recent updates and renovations. Included is coin laundry machines and separate storage lockers. Walking distance to Sunalta LRT station, downtown and close to all amenities. More details

Listed by Royal LePage Benchmark

LISTING DETAILS
- Mohit Dhilon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca

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Data was last updated September 14, 2026 at 06:05 AM (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.

Why Investors Are Targeting Retail Investment Properties in Calgary

Retail investment property in Calgary offers something a lot of other asset classes can't: predictable, contractually locked income. A well-leased retail plaza or strip mall for sale in Calgary generates cash flow from day one, with far less of the lease-up risk that comes with new multifamily or office construction.

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Cap rate stability: Retail cap rates in secondary and suburban Calgary markets tend to move less dramatically than downtown office or new-build multifamily, making retail investment properties in Calgary a comparatively steady hold through rate cycles.

Triple-net lease structures: Many retail investment opportunities in Calgary — particularly single-tenant NNN properties — pass property taxes, insurance and maintenance through to the tenant, which simplifies ownership and protects net income from rising operating costs.

Alberta's landlord-favourable environment: No provincial rent control on commercial leases, streamlined municipal permitting relative to Vancouver or Toronto, and a business-friendly tax environment all support the underlying economics of Calgary retail investment properties.

Types of Retail Investment Properties in Calgary

Asset Classes · Underwriting Metrics · Submarket Analysis

Single-Tenant NNN Retail: The lowest-management retail investment property in Calgary with a single national or regional tenant (quick-service restaurant, pharmacy, convenience/gas, financial services) on a long-term triple-net lease. Cash flow is predictable, and the landlord's role is largely passive.
Strip Malls and Neighbourhood Retail Plazas: A strip mall for sale in Calgary typically features 3 to 10 inline tenants: service businesses, restaurants, personal care, small-format retail anchored by strong local traffic counts. These retail plazas for sale in Calgary offer tenant diversification, which spreads vacancy risk across multiple leases instead of one.
Anchor-Tenant Retail Plazas: Larger retail investment opportunities in Calgary built around a grocery, pharmacy, or big-box anchor with smaller inline tenants filling out the plaza. These properties benefit from the anchor's consistent draw while smaller tenants often pay a rent premium for the co-tenancy traffic.
Mixed-Use Retail with Residential or Office: A growing category of retail investment property in Calgary, particularly in inner-city and transit-adjacent nodes, where ground-floor retail is paired with residential or office space above, giving investors blended income streams from a single asset.

Cap Rate, NOI & Cash Flow: What to Underwrite

Before you commit to any retail investment properties in Calgary, run the numbers the way an experienced commercial buyer would:

Net Operating Income (NOI): Confirm actual trailing income (not pro forma projections) and back out any owner-paid expenses that a NNN tenant should be covering.
Cap rate: Calculate NOI divided by purchase price, and compare it against comparable retail investment opportunities in Calgary of similar tenant quality, lease term, and location.
Lease term remaining and renewal options: A retail plaza for sale in Calgary with 2 years left on its anchor lease carries very different risk than one with 10+ years remaining.
Tenant covenant strength: National credit tenants versus local independent operators materially affects both risk and achievable cap rate.
Rent escalations: Confirm whether leases include fixed bumps, CPI-linked increases, or flat rent for the term, since this drives forward cash flow growth.
Vacancy and re-leasing risk: For a strip mall for sale in Calgary with any vacant bays, underwrite realistic re-leasing timelines and tenant improvement costs, not just in-place income.

Where to Find Retail Investment Properties in Calgary

Retail investment property in Calgary is available across every quadrant, but the strongest cap rate-to-growth combinations tend to cluster in a few key areas:

Suburban South (Legacy, Mahogany, Seton, Cranston corridor): Calgary's fastest-growing residential submarket, driving strong rooftop-to-retail demand for new plazas.
Suburban North (Skyview, Saddle Ridge, Airdrie border): High population growth supporting neighbourhood retail and strip mall for sale in Calgary opportunities.
North Hill / Downtown / Beltline: Higher-density, transit-adjacent retail investment opportunities in Calgary, often mixed-use.
Chinook / South Centre corridor: Established retail nodes with long operating histories and stable tenant rosters.
Outlying communities (Airdrie, Chestermere, Cochrane): Lower entry price points for retail investment properties in Calgary with room for rent growth as these bedroom communities expand.

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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™.