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2639 17 Avenue SW, Calgary

$1,650,000

About this property

Excellent commercial investment and redevelopment opportunity along 17 Avenue SW in the highly desirable Killarney/Glengarry community. Situated on a prominent inner-city corridor with strong visibility and convenient access to Downtown Calgary, Crowchild Trail, and surrounding established residential communities, this property offers excellent potential for an owner-user, investor, or future redevelopment. The property sits on approximately 5,398 sq. ft. of land and features an existing commercial building of approximately 3,760 sq. ft., with MU-1 f4.5h23 zoning providing flexibility for a variety of future uses and redevelopment opportunities. The property currently generates approximately $1,700 per month in advertising income, providing an additional revenue stream to the property owner. The existing grocery business is currently operated by the property owner. A purchaser may have the option to take over the existing grocery business or acquire the property without the business, depending on their plans. (The asking price does not include the existing business, and inventory/stock is not included in the sale price.) With its excellent exposure along 17 Avenue SW, strong surrounding residential density, and convenient inner-city location, this property also offers excellent potential for leasing and long-term investment.

Essential information

MLS® number
A2336359
Status
Active
Price
$1,650,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
See Remarks
Building area
3,760 sq ft
Year built
1947
Structure
Retail
Listing brokerage
Ko Realty Ltd.
Source
Pillar 9™ MLS® System

Interior

Included
Contact Lister Directly

Exterior and construction

Zoning
MU-1f4.5h23

Community

City
Calgary
Province
AB
Postal code
T3E 0A5

Where it is

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

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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 purchase

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The building

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here 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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