For Sale · Bowden · Retail

$649,900

2002 20 Avenue, Bowden

Tour this home

5,085

Sq Ft

1964

Built

About This Home

The details.

Excellent investment opportunity to own a commercial strip mall in Bowden, Alberta. This well-maintained commercial building features five individual units, each equipped with its own private washroom and separately metered utilities, offering ease of management and strong tenant appeal. The property is currently leased, providing immediate rental income. Investors have the opportunity to increase cash flow and enhance value through tenant placement and future rent growth. Benefiting from excellent visibility, easy access, and ample street parking for both tenants and customers, this property is strategically positioned in a convenient and accessible location. Whether you're looking for a stable income-producing asset or a value-add investment opportunity, this commercial property offers strong potential in the growing community of Bowden. (id:66635)

Summarizing the highlights...

MLS® A2323698Listing courtesy of RE/MAX House of Real EstateView on map Street view

Property Details

Facts & features.

Property type: Retail
Year built: 1964
Size: 5,085 sqft
Lot size: 8,580 square feet
Listed on: 2026-06-24
Days on market: 21
MLS number: A2323698
Data source: Calgary Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,039

$519,920 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,039

Cash flow

-$3,039

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Bowden right now

Active listings

New this week

$359,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Bowden.

Household and demographic stats for Bowden, from the Statistics Canada 2021 Census.

1,280
Population (2021): 42.4
Median age: 585
Households: 2.2
Avg household size: 75%
Home ownership: $69,500
Median household income

Bowden market trends

The immediate block around this home (right here): about 578 residents in 282 homes, 860 people/km² (suburban).

Source: Statistics Canada 2021 Census, Bowden, Town, Alberta; block-level figures from dissemination area 48080346.

Schools

Nearby schools.

K-12 schools closest to this home, with straight-line distances.

Bowden (Grandview) School
public · k12
550 m

Source: Statistics Canada, Open Database of Educational Facilities. Distances are straight-line, not walking routes. Catchment boundaries change; always confirm with the school district.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.