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Selkirk House 555 4th Ave SW 223,401 SF 61% Leased 4-Star Office Building Calgary, AB T2P 3E7 $13,738,673 USD ($61.50 USD/SF)

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Investment Highlights

  • Conference Centre in the Property
  • Efficient LRT Access
  • Attractive pricing well below replacement cost for a 23-story tower
  • Fitness Centre
  • Steps from Eau Claire Park, Bow River pathways, and major transit lines

Executive Summary

This price is well below the current replacement cost! Selkirk House’s Per Square Foot Price is only $85.46, and it comes with freehold land of 0.4 acres (17,582 sf). This price is well below the current replacement cost of constructing a 23-Story concrete building with a leasable area of 219,985 square feet in downtown Calgary. The price, the location, the size, the convenience, and the connectivity, all make it a great property for conversions, namely, to convert this elegant office building to a residential tower or a hotel or university campus with an incentive grant provided by the City of Calgary potentially.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
223,401 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1979/1990
Price
$13,738,673 USD
Price Per SF
$61.50 USD
Percent Leased
61%
Tenancy
Multiple
Building Height
23 Stories
Typical Floor Size
11,149 SF
Slab To Slab
10’
Building FAR
12.82
Lot Size
0.40 AC
Zoning
CR20-C20/R - Commercial Residential
Parking
66 Spaces (0.3 Spaces per 1,000 SF Leased)

Amenities

  • Fitness Center
  • Plus 15
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 3rd Fl-Ste 300
  • 11,149 SF
  • Office
  • Partial Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 4th Fl-Ste 400
  • 11,149 SF
  • Office
  • Partial Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 5th Fl-Ste 500
  • 11,149 SF
  • Office
  • Partial Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 8th Fl-Ste 800
  • 2,698 SF
  • Office
  • Partial Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 8th Fl-Ste 810
  • 4,401 SF
  • Office
  • Partial Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 9th Fl-Ste 900
  • 1,777 SF
  • Office
  • Shell Space
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 11th Fl-Ste 1100
  • 6,600 SF
  • Office
  • Full Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 11th Fl-Ste 1150
  • 4,565 SF
  • Office
  • Full Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 12th Fl-Ste 1200
  • 4,500 SF
  • Office
  • -
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 12th Fl-Ste 1250
  • 6,665 SF
  • Office
  • Full Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 19th Fl-Ste 1900
  • 11,353 SF
  • Office
  • Full Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

  • 20th Fl-Ste 2000
  • 11,353 SF
  • Office
  • Full Build-Out
  • Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

Space Size Space Use Condition Available
3rd Fl-Ste 300 11,149 SF Office Partial Build-Out Now
4th Fl-Ste 400 11,149 SF Office Partial Build-Out Now
5th Fl-Ste 500 11,149 SF Office Partial Build-Out Now
8th Fl-Ste 800 2,698 SF Office Partial Build-Out Now
8th Fl-Ste 810 4,401 SF Office Partial Build-Out Now
9th Fl-Ste 900 1,777 SF Office Shell Space Now
11th Fl-Ste 1100 6,600 SF Office Full Build-Out Now
11th Fl-Ste 1150 4,565 SF Office Full Build-Out Now
12th Fl-Ste 1200 4,500 SF Office - Now
12th Fl-Ste 1250 6,665 SF Office Full Build-Out Now
19th Fl-Ste 1900 11,353 SF Office Full Build-Out Now
20th Fl-Ste 2000 11,353 SF Office Full Build-Out Now

3rd Fl-Ste 300

Size
11,149 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Fl-Ste 400

Size
11,149 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

5th Fl-Ste 500

Size
11,149 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

8th Fl-Ste 800

Size
2,698 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

8th Fl-Ste 810

Size
4,401 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

9th Fl-Ste 900

Size
1,777 SF
Space Use
Office
Condition
Shell Space
Available
Now

11th Fl-Ste 1100

Size
6,600 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

11th Fl-Ste 1150

Size
4,565 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

12th Fl-Ste 1200

Size
4,500 SF
Space Use
Office
Condition
-
Available
Now

12th Fl-Ste 1250

Size
6,665 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

19th Fl-Ste 1900

Size
11,353 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

20th Fl-Ste 2000

Size
11,353 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size 11,149 SF
Space Use Office
Condition Partial Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

4th Fl-Ste 400

Size 11,149 SF
Space Use Office
Condition Partial Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

5th Fl-Ste 500

Size 11,149 SF
Space Use Office
Condition Partial Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

8th Fl-Ste 800

Size 2,698 SF
Space Use Office
Condition Partial Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

8th Fl-Ste 810

Size 4,401 SF
Space Use Office
Condition Partial Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

9th Fl-Ste 900

Size 1,777 SF
Space Use Office
Condition Shell Space
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

11th Fl-Ste 1100

Size 6,600 SF
Space Use Office
Condition Full Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

11th Fl-Ste 1150

Size 4,565 SF
Space Use Office
Condition Full Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

12th Fl-Ste 1200

Size 4,500 SF
Space Use Office
Condition -
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

12th Fl-Ste 1250

Size 6,665 SF
Space Use Office
Condition Full Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

19th Fl-Ste 1900

Size 11,353 SF
Space Use Office
Condition Full Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

20th Fl-Ste 2000

Size 11,353 SF
Space Use Office
Condition Full Build-Out
Available Now

Conveniently located on the corner of 5th Street and 4th Avenue SW

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (86)
Bike Score®
Very Bikeable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 31116630

  • Date on Market: 3/4/2024

  • Last Updated:

  • Address: 555 4th Ave SW, Calgary, AB T2P 3E7

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