Property Details


Calgary (A2337051)

$699,900
17,000 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Large restaurant in Calgary, after 20 years in business under the same concept, the business owner decides to retire, with a yearly reservation orders for large parties, such as weddings, birthday parties, political conventions, community association events, award ceremonies, Corporate Events, Church Function, Theme Parties, Benefits/Fundraisers, Private Parties, etc...this is a profitable business, not to mention the lunch and dinner retail, as well as the take out and delivery businesses. With the year ahead reservations, the investor will recover the purchase price in a relatively short time. 17,000sf, including storage, low lease rate of $16/sf. Suitable for operators with large restaurant experience. To set up such a 17,000 sf space will cost $1.2M to $1.5M, but now you can get this built out for half the price. The condition is good, no renovation required in the next few years.

Property details

Basic Info

MLS® #
A2337051
Property Type:
Commercial
Subtype:
Business
Subdivision:
Calgary
Price
$699,900
Sale/Lease:
For Lease
Size:
17,000 sq.ft.
Year Built:
1978 (48 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
all existing restaurant operating equipment and furniture

Materials & Systems

Heating:
Boiler
Cooling:
Central Air

Listing Info

Possession:
60 Days / Neg
Days on Market:
50
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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