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.

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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.


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