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5120 47th St NE 1,000 SF Condo Units Offered at $390,907 Per Unit in Calgary, AB T3J 4K3



Investment Highlights
- Prime retail location in a busy Castleridge NE plaza, offering strong visibility near major corridors and the airport.
- North-facing bay with front/back access and rear overhead door, enhancing accessibility and operational convenience.
- Flexible DC zoning with approx. 3,025 sq. ft. of shell space, suitable for customized commercial development.
Executive Summary
WOW! Priced reduced big times !! Court-appointed/receivership sale !! Big price reduction !! (Property is being sold in as-is, where-is condition. No warranties or representation from the seller will be made ). Retail space for sale with DC zoning, in one of the busiest retail plazas in Castleridge NE Calgary. and in very close proximity to the Airport. 3025 Sq/ft shell space suitable for your taste of development with business requirement. (Approx. 1,000 sqft each for the 3 units). If you are looking for a smaller space, then you can buy one individual unit which is approx. 1000 sq/ft. All 3 units could be sold separately or jointly. This particular bay is north facing with front and back main door access, along with an overhead door on the back, don't miss out on this great location with lots of exposure, on the corner of 50th Ave and visible from 47th street, NE Very close to communities like Whitehorn, temple, Castleridge and falconridge. (Property tax is estimated for 3 units together)
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
| Sale Type | Investment or Owner User |
I hope you are doing well.
My name is Sukh Brar, and together with my associate, Sumit Brar, we are commercial real estate associates with Alberta Commercials. I wanted to introduce ourselves and express our interest in assisting your firm with court-ordered sales, foreclosure listings, and receivership dispositions throughout Alberta.
Together, we bring over 25 years of combined experience in commercial real estate and have experience with the unique requirements involved in court-appointed and distressed asset sales. We understand the importance of maintaining strict confidentiality, fulfilling our fiduciary duties, and acting in the best interests of our clients throughout the sales process. We focus on providing professional representation, broad market exposure, and an efficient sales process designed to help maximize value for all stakeholders.
I have attached our brochure, which provides a brief overview of who we are, our relevant experience with court-ordered and receivership sales, and our marketing capabilities.
We would be pleased to meet with you at your office at your convenience to introduce ourselves and discuss further on how we can deliver successful results that exceed your expectations.
Thank you for your time and consideration. We look forward to hearing from you.
Kind regards,
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 171 | 1,000 SF | Office/Retail | $390,907 USD ($390.91 USD/SF) | - |
| Unit 175 | 1,000 SF | Retail | $390,907 USD ($390.91 USD/SF) | - |
Unit 171
| Unit Size |
| 1,000 SF |
| Condo Use |
| Office/Retail |
| Price |
| $390,907 USD ($390.91 USD/SF) |
| NOI |
| - |
Unit 175
| Unit Size |
| 1,000 SF |
| Condo Use |
| Retail |
| Price |
| $390,907 USD ($390.91 USD/SF) |
| NOI |
| - |
Unit 171
| Unit Size | 1,000 SF |
| Condo Use | Office/Retail |
| Price | $390,907 USD ($390.91 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Excellent Opportunity to Own or Lease Retail Space in Westwinds! Three approximately 1,000 sq. ft. retail units are available for sale or lease, offering exceptional flexibility for business owners, investors, and entrepreneurs. Each unit can be purchased or leased individually, or buyers and tenants have the option to acquire or lease all three units together, depending on their business or investment needs. The subject unit is offered in shell condition, providing a blank canvas for a buyer or tenant to design and build out the space according to their specific business requirements. An additional partially built-out unit is also available as an option, featuring a washroom and a built mezzanine covering approximately 40% of the unit, providing added usable space and functionality. Each unit features DC zoning, front and rear main door access, and an overhead door at the back, offering flexibility for a variety of retail and commercial uses. Located in the established Westwinds commercial area of NE Calgary, the property benefits from excellent visibility and is surrounded by a strong mix of established retail, commercial, and service businesses, as well as restaurants, grocery stores, gas stations, and other everyday amenities that contribute to a busy and convenient commercial environment. The location also serves nearby communities including Westwinds, Castleridge, Falconridge, Temple, and Whitehorn, providing access to an established customer base and surrounding residential population. Whether you're looking to purchase or lease the subject shell unit, add the partially built-out unit for additional space, or acquire or lease all three units together, this flexible opportunity offers a variety of options to suit your business or investment goals.</li></ul> | |
| Sale Notes | |
| ~1000 sq/ft Retail unit (3 of them-for sale or lease) individual or separate, busy retail corridor.</li></ul> |
Unit 175
| Unit Size | 1,000 SF |
| Condo Use | Retail |
| Price | $390,907 USD ($390.91 USD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Description | |
| Dear [Lawyer's Name],<br> <br> I hope you are doing well.<br> <br> My name is Sukh Brar, and together with my associate, Sumit Brar, we are commercial real estate associates with Alberta Commercials. I wanted to introduce ourselves and express our interest in assisting your firm with court-ordered sales, foreclosure listings, and receivership dispositions throughout Alberta.<br> <br> Together, we bring over 25 years of combined experience in commercial real estate and have experience with the unique requirements involved in court-appointed and distressed asset sales. We understand the importance of maintaining strict confidentiality, fulfilling our fiduciary duties, and acting in the best interests of our clients throughout the sales process. We focus on providing professional representation, broad market exposure, and an efficient sales process designed to help maximize value for all stakeholders.<br> <br> I have attached our brochure, which provides a brief overview of who we are, our relevant experience with court-ordered and receivership sales, and our marketing capabilities.<br> <br> We would be pleased to meet with you at your office at your convenience to introduce ourselves and discuss further on how we can deliver successful results that exceed your expectations.<br> <br> Thank you for your time and consideration. We look forward to hearing from you.<br> <br> Kind regards,</li></ul> | |
| Sale Notes | |
| ~1000 sq/ft Retail unit (3 of them-for sale or lease) individual or separate, busy retail corridor.</li></ul> |
Property Facts
| Total Building Size | 42,288 SF | Typical Floor Size | 22,257 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Storefront | Lot Size | 1.66 AC |
| Building Class | B | Parking Ratio | 1.47/1,000 SF |
| Floors | 2 | ||
| Zoning | DC - Direct Control | ||
| Total Building Size | 42,288 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 22,257 SF |
| Year Built | 1990 |
| Lot Size | 1.66 AC |
| Parking Ratio | 1.47/1,000 SF |
| Zoning | DC - Direct Control |
Amenities
- Signage
- Smoke Detector
Nearby Major Retailers
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5120 47th St NE
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