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818 16 Avenue NW, Calgary

$5,625

About this property

Exceptional leasing opportunity on busy 16th Avenue NW, offering outstanding visibility with approximately 35,000–46,000 vehicles passing daily. Up to 5,000 square feet of flexible space is available within a fully air-conditioned building featuring three levels, each equipped with private washrooms and kitchen facilities. The property is well-suited for a variety of uses, including retail, office, medical, and daycare operations. A unique daycare opportunity includes access to private outdoor space. The main floor offers excellent exposure and accessibility for customer-facing businesses. Additional features include a private parking lot, CCOR-1 zoning, and negotiable tenant improvement allowances to accommodate your business requirements. Property Highlights: Prime 16th Avenue NW location with exceptional exposure. Traffic counts of approximately 35,000–46,000 vehicles per day. Up to 5,000 sq. ft. available. Three-level building with private washrooms and kitchens on every floor. Main floor retail, office, or medical opportunities. Daycare potential with private outdoor space. Private on-site parking. Fully air-conditioned building. CCOR-1 zoning. Tenant improvements negotiable. Operating costs: $12.50 per sq. ft. Contact us today to discuss leasing options and arrange a viewing.

Essential information

MLS® number
A2320828
Status
Active
Price
$5,625
Lease rate
$27/sq ft/yr (listed as “Monthly”)
Property type
Commercial
Type
Office
Transaction
For Lease
Restrictions
None Known
Building area
11,063 sq ft
Year built
1958
Structure
Office
Listing brokerage
PropZap Realty
Source
Pillar 9™ MLS® System

Community

City
Calgary
Province
AB
Postal code
T2M 0J9

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.

What this space costs per month

Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The space

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$27 is far too low to be a month’s rent for the whole unit, so it has been read as a rate per square foot per year. Confirm with the listing brokerage, and change “Quoted as” above if that is wrong.

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On top of the rent

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Taken from the listing description. Please confirm it with the listing brokerage before you rely on it — what operating costs include varies by lease.

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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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