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 Dhillon
- 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 Dhillon
- 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 Dhillon
- 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 Dhillon
- 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 Dhillon
- 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 Dhillon
- 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 Dhillon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
5102 2255 32 Street NE in Calgary: Sunridge Retail for sale : MLS®# A2265963
5102 2255 32 Street NE Sunridge Calgary T1Y 0C2

5102 2255 32 Street NE Calgary T1Y 0C2 Sunridge

$829,000

Commercial

Status:

Active

MLS® Num:

A2265963

Build. Type:

Commercial Mix

TURNKEY RETAIL / OFFICE Unit for SALE. PRIME SUNRIDGE location. Almost NEW condition! An exceptional opportunity to own a Fully Developed, Long term lease in place, commercial condo in one of Calgary’s most dynamic business corridors — With over 150 top brand name stores and services at Sunridge Mall. Strategic exposure within a high-traffic retail hub. This 1503 sq. ft. retail/office unit offers a modern, high-visibility presence within a commercial plaza featuring sleek architecture, landscaped surroundings, and 230 paved parking stalls for clients and staff. Currently operating as a professional services office, the space features high-end interior finishes, floor-to-ceiling glass partitions, private offices, and a welcoming reception area. The turnkey build-out ($200K cost/value) minimizes start-up time and capital investment — ideal for investors seeking immediate income and potential or future owner-occupiers .Serviced by major arterial routes and surrounded by established communities: Sunridge, Rundle, Marlborough, Franklin, and Whitehorn etc. Close to Costco, Superstore, Sunridge Mall, and Sunridge Spectrum moving theater etc. 15 minutes driving distance to Downtown Calgary. Variety of uses: Professional Offices | Medical & Wellness Clinics | Financial, Legal, or Consulting Firms | Specialty Retail | Child/Adult Educational or Community Services etc. Whether as a strategic income-generating investment, or for your future own practice, this prime commercial unit combines location, quality, and long-term growth potential in one of NE Calgary’s most active commercial districts. Check out the 3D virtual Tour link now! Private tours available by appointment. More details

Listed by RE/MAX House of Real Estate

LISTING DETAILS
- Mohit Dhillon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
in Calgary: Industrial for sale : MLS®# A2269860
Calgary

Contact for address details

$799,786

Commercial

Status:

Active

MLS® Num:

A2269860

Build. Type:

Condo Complex

Excellent opportunity to own a commercial bay. This well-maintained unit offers great visibility, easy access, and ample parking in a busy commercial area. Perfect for a wide range of business uses or as an investment property. The bay can also be purchased together with a well-established business currently operating from the premises. Offers over 7% cap rate with immediate rental income in place. Mezzanine is 100% approved and partially finished, with potential to build a second floor for additional space or income. High-traffic area surrounded by active businesses, ensuring steady exposure and long-term growth potential. Don’t miss this rare opportunity in a prime location! More details

Listed by Century 21 Bravo Realty and URBAN-REALTY.ca

LISTING DETAILS
- Mohit Dhillon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
1010 & 1050 396 11 Avenue SW in Calgary: Beltline Office for sale : MLS®# A2271238
1010 & 1050 396 11 Avenue SW Beltline Calgary T2R 0C5

1010 & 1050 396 11 Avenue SW Calgary T2R 0C5 Beltline

$850,000

Commercial

Status:

Active

MLS® Num:

A2271238

Units 1010 and 1050 at 396 11 Avenue SW offer bright, premium office space in Calgary’s Beltline. Use as one large unit or two suites— ideal for growth and cash flow. In a Class A tower with city views, demountable walls, kitchen and lounge, lobby, and fully furnished for immediate use. Includes two secure parking stalls and easy access to the +15 network and downtown via 4th Street underpass. Surrounded by top retail and dining, this turnkey space blends flexibility, functionality, and prime connectivity. Highlights: • On-site security • Two blocks from Plus 15 Skywalk • Easy downtown access via 4th Street underpass • On-site transit stop • Bright, fully furnished spaces More details

Listed by Honestdoor Inc.

LISTING DETAILS
- Mohit Dhillon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
240 500 Royal Oak Drive NW in Calgary: Royal Oak Retail for sale : MLS®# A2269685
240 500 Royal Oak Drive NW Royal Oak Calgary T3G 5J7

240 500 Royal Oak Drive NW Calgary T3G 5J7 Royal Oak

$2,425,000

Commercial

Status:

Active

MLS® Num:

A2269685

Build. Type:

Retail

An outstanding opportunity to acquire units 9 ($1,600,000) and/or 10 ($825,000) in a fully leased retail plaza at 500 Royal Oak Drive NW, a prominent and high-traffic location in northwest Calgary. Strategically situated on a corner lot with excellent exposure and convenient access, this modern retail centre benefits from strong visibility in one of Calgary’s most established suburban trade areas. Unit 9 has a long term tenant in place and Unit 10 is vacant. The property hosts a diverse mix of stable, long-standing tenants across health, service, and lifestyle sectors, offering investors consistent income and zero vacancy. Constructed in 2014, the building features quality construction, ample surface parking, and attractive curb appeal—positioning it for longterm value and low-maintenance ownership. Zoned C-COR2, the site is surrounded by a blend of residential communities, major retail anchors, and key transit routes, ensuring continued foot traffic, tenant demand, and potential future redevelopment upside. A rare chance to secure a turn-key investment with strong cash flow, excellent tenant covenant, and a presence in one of northwest Calgary’s most active retail nodes. More details

Listed by MaxWell Canyon Creek

LISTING DETAILS
- Mohit Dhillon
- CENTURY 21 Bravo Realty
- (587) 719-5523
- mohit.dhillon@century21.ca
109 683 10 Street SW in Calgary: Downtown West End Retail for sale : MLS®# A2273977
109 683 10 Street SW Downtown West End Calgary T2P 0S4

109 683 10 Street SW Calgary T2P 0S4 Downtown West End

$979,900

Commercial

Status:

Active

MLS® Num:

A2273977

Build. Type:

Commercial Mix

This prime main-floor retail unit in Calgary’s desirable West End offers 1,329 sq.ft. of versatile commercial space, ideally positioned for both investors and owner-users. Currently operating as a restaurant, the property generates stable income with a monthly rent of $7,500(including condo fee & property tax ) and a secure lease in place until 2030, plus an additional five-year renewal option. Situated in a high-demand area with excellent visibility and strong surrounding traffic, this turnkey opportunity provides exceptional long-term potential in one of Calgary’s most sought-after commercial corridors. More details

Listed by Grand Realty

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

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Data was last updated October 7, 2026 at 08:05 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™.