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. (id:13843)
| MLS # | A2269685 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Year | 2014 |
| Days On Site | 311 |
| Listing Provided By | MaxWell Canyon Creek | Scott Russell |
| SQ Feet | 4,626 |
|---|---|
| Zoning | C-N2 |
| Fireplace Yes / No | No |
|---|
| Tax Annual Amount | 52388 |
|---|---|
| Tax Block | Plan 1413146 |
| Tax Lot | Unit 9 |
| Tax Year | 2025 |
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T3G5J7 |
| Community Name | Royal Oak |
| Listing VS Median (in Royal Oak) | |
Price: $2,425,000 low | high Med: $647,950 sqft: 4,626 low | high Med: 1,804 $ / sqft: $524 low | high Med: $361 On site: 311 low | high Med: 38 | |
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T3G5J7 |
| Community Name | Royal Oak |
| Listing VS Median (in Royal Oak) | |
Price: $2,425,000 low | high Med: $647,950 sqft: 4,626 low | high Med: 1,804 $ / sqft: $524 low | high Med: $361 On site: 311 low | high Med: 38 | |