Photos for this listing are being processed and will appear here soon.
Active
$699,900
MLS® #A2337051
- 17,000 Sqft
- Built 1978
- Business
- ✓ Air Conditioning
- ✓ Spacious Layout
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. (id:66619)
Features
Interior
17,000 sqft
Cooling
Central air conditioning
Year Built
1978
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
Estimate Your Payment
Mortgage Payment Calculator
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.
