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A rare opportunity is available to acquire an existing restaurant location in a well-established Greater Edmonton area market with an attractive monthly rent structure. This location may be ideal for an owner operator, expanding restaurant group, or buyer seeking a lower overhead entry point into an existing food service space.The premises are already set up for restaurant use, offering a buyer the potential to reduce the time and expense normally associated with developing a new location. The space could suit a variety of quick service or fast casual food concepts, depending on the buyer’s business plan, operational requirements, and landlord approval.A purchaser may have the option to continue with the current concept, subject to the required approvals and agreements, or use the existing infrastructure as a foundation for their own restaurant model. Any change to the business concept, use, assignment, or tenancy would require landlord approval, along with all applicable licensing and regulatory approvals. (id:66619)
Features
Interior
473 sqft
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
Interested in this property?
Contact Kirsten Bernal for more information or to arrange a showing.
Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.
