Property Details
Edmonton (A2321284)
Description
Prime Restaurant Opportunity in Prestigious Magrath Heights – Bring Your Own Concept
Rare opportunity to acquire a fully built-out restaurant space in the highly desirable Magrath Heights community of Southwest Edmonton. This turnkey location is ideal for entrepreneurs and restaurateurs looking to launch their own concept without the significant costs and delays associated with a new build.
The premises feature a complete commercial kitchen, dining area, and extensive leasehold improvements, allowing for a seamless transition into operations. A recent appraisal completed by a certified appraiser valued the assets at $429,000, including Equipment valued at $138,000 and Leasehold Improvements valued at $291,000.
Located in one of Edmonton’s most affluent and rapidly growing neighborhoods, the site benefits from strong demographics, high household incomes, excellent visibility, nearby schools, parks, retail amenities, and convenient access to major roadways. The surrounding residential population continues to expand, creating strong potential for a variety of restaurant and food-service concepts.
Property details
- MLS® #
- A2321284
- Property Type:
- Commercial
- Subtype:
- Business
- Subdivision:
- Edmonton
- Price
- $175,000
- Sale/Lease:
- For Lease
- Size:
- 1,959 sq.ft.
- Year Built:
- 2021 (5 years old)
- Structure Type:
- Mixed Use
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- Appraisal report will be provided.
- Possession:
- 60 Days / Neg
- Days on Market:
- 107
Basic Info
Building Info
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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