Calgary · Downtown East Village
401 4 Avenue SE
401 4 Avenue SE is a commercial property in Downtown East Village, Calgary on a 42,611 sq ft lot. The City of Calgary assessed it at $5,960,000 for 2026, -30.0% over 3 years.
$5,960,000
2026 assessed value
Change in assessed value
- 3 years-30.0%
- 5 years-26.3%
- 10 years-21.6%
The change in the City's assessment of the same property, to 2026. Years before the building was finished or before a jump in its value are left out.
Facts
- Kind of property
- Commercial property
- 2025 assessed value
- $7,880,000
- Lot size
- 42,611 sq ft
- Zoning
- CC-ET
- City use code
- A010
Building history
- 2015 · Drinking establishment demolishedBuilding permit
Years built from the City's assessment rolls (2020 on), and completed permits for new buildings and demolitions (1999 on). Where they disagree, both are shown.
Permits (18)
- New: sign - class b (fascia signs - 8), sign - class d (canopy sign), sign - class e (roof sign)Development permit · May 2025 · approved · DP2025-02279
- Temporary use: parking lot - grade (3 years)Development permit · Apr 2025 · approved · DP2025-00825
- Change of use: restaurant: food service onlyDevelopment permit · Jan 2023 · approved · DP2023-00427
- Change of use: drinking establishment - mediumDevelopment permit · Jun 2022 · approved · DP2022-03444
- Change of use: restaurant: licensedDevelopment permit · May 2022 · approved · DP2022-02287
From the City of Calgary's open data, up to Oct 2026. The map lists every one. Costs are the applicant's estimate.
Along 4 Avenue SE
- 318 4 Avenue SE$933K
- 322 4 Avenue SE$920K
- 328 4 Avenue SE$560K
- 417 4 Avenue SE$2.91M
- 424 4 Avenue SE$10K
- 4303 4 Avenue SE$370K
From the City of Calgary's open assessment data. An assessment is the City's estimate of market value on July 1, 2025, for property tax; it is not a sale price. The map also shows building permits, legal suites and homes for sale or rent.