REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,425,000
Est. payment | /mo
4,626 SqFt
$ 2,425,000
Est. payment | /mo
4,626 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,626 sqft
Price per Sqft $524
Subdivision Royal Oak
MLS Listing ID A2269685
Year Built 2014
Property Sub-Type Retail
Property Description
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.
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.
Location
Province AB
County Cal Zone Nw
Area Cal Zone Nw
Zoning C-N2
Direction NW
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions Call Lister,Lease Restriction
Listed by MaxWell Canyon Creek
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
Real Estate News & Resources
GET MORE INFORMATION
Search NW Communities