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An excellent opportunity to acquire a fully built-out restaurant space with tasteful interior renovations and an established food-service layout. Ideally positioned along a major thoroughfare on the 16 Avenue corridor, the property benefits from strong daily vehicle traffic, excellent visibility, and a bus stop conveniently located directly in front of the building.The 1,600 SF space is offered with low monthly rent of $3,500, including common area fees, with the net rent secured through 2030, providing an attractive cost structure for an incoming operator.The thoughtfully designed interior features a generous customer seating area, front reception and cashier counter, and a fully built-out washroom. The current layout operates as a Vietnamese coffee and quick-service restaurant offering subs, rice combos, noodle soups, and beverages.The premises are well suited for a variety of food-service concepts, including a coffee shop, sandwich or donair shop, café, or other quick-service restaurant. The rear kitchen area includes sandwich preparation coolers, multiple gas stoves, and additional food-service equipment and infrastructure, not to mention a separate room for more prep space. An incoming operator may also have the opportunity to further enhance the kitchen with an upgraded commercial canopy system to support a broader menu and increased production capacity.Save significant time and capital on a new restaurant build-out by taking advantage of the existing improvements and infrastructure. Bring your own concept, menu, and vision to this versatile turnkey space and take it to the next level.A great opportunity for an owner-operator looking for an affordable, well-positioned restaurant space with substantial existing improvements. (id:66619)
Features
Interior
1,600 sqft
Year Built
1959
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.
