OWNER-USER OR VALUE ADD OPPORTUNITY
2 Buildings | 140,490 SF Across 8.43 Acres
2 Buildings | 140,490 SF Across 8.43 Acres
2 Building Portfolio in Franklin
For Sale | 1107 & 1111 33 Street NE, Calgary, AB T2A 6T2
Property Details
- BLDG 1 ADDRESS 1107 33 Street NE
- BLDG 2 ADDRESS 1111 33 Street NE
- BLDG 1 LEGAL Plan: 7810454; Block: 12; Lot: 7
- BLDG 2 LEGAL Plan: 7810454; Block: 12; Lot: 6
- BLDG 1 ZONING I-B (Industrial - Business)
- BLDG 2 ZONING C-COR3 (Commercial - Corridor 3)
- BLDG 1 YEAR BUILT 1980
- BLDG 2 YEAR BUILT 1981
- BLDG 1 SITE AREA ±6.70 Acres
- BLDG 2 SITE AREA ±1.73 Acres
- BLDG 1 BLDG AREA ±135,865 SF
- BLDG 2 BLDG AREA ±4,625 SF
- BLDG 1 TAXES $218,067.72 (2025)
- BLDG 2 TAXES $65,704.09 (2025)
- BLDG 1 CURRENT NOI $424,872
- BLDG 2 CURRENT RENT $31,200 (Gross)
- PORTFOLIO SALE PRICE Contact Listing Agent
Opportunity Summary
This offering presents a rare opportunity to acquire two prominent commercial buildings totaling 140,490 square feet on 8.43 acres in an established retail and commercial corridor. Located directly across from Pacific Place Mall, the property benefits from strong exposure, excellent access, and location within one of the Calgary’s most active commercial nodes. With approximately 100,000 square feet currently vacant, the asset offers meaningful upside through lease-up, repositioning, or adaptive reuse, while the site’s size and configuration support long-term strategic flexibility.
Property Highlights
» Substantial Site Area & Improvements: 140,490 SF across two buildings on 8.43 acres with 576 on-site parking stalls
» Established Income In-Place: Longstanding tenants including Bingo Barn (29,865 SF) and Royal Canadian Legion (6,000 SF)
» Freestanding Office Building: 4,625 SF office building suitable for professional, medical, or service uses
» Prime Retail Corridor Location: Directly across from Pacific Place Mall with strong surrounding national and regional retailers
» Excellent Accessibility: Immediate access to 36 Street NE, 16 Avenue NE (Trans Canada Highway), and major northeast transportation routes
» Flexible Zoning: I-Bf1.0h20 and C-COR3f1.0h12 allowing for a wide range of commercial uses
» Owner-User or Redevelopment Potential: Large contiguous floorplates and site depth support multiple strategic pathways
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