2,642 ft²Retail$1,764,000Sale
2,642 ft²
Retail
$1,764,000
Sale
Vivian Lee
Top Producer Realty and Property Management
The Space
Asking Price$1,764,000
Available Space2,642 ft²
MLS® IDA2160908
ZoningCC-X
Year Built1911
SourceCalgary
The Building
Attention investors and business owners: A fantastic opportunity awaits in the thriving Beltline area at 11th Ave and 7th St SW. The existing lease is valid until January 31, 2027, with a monthly rent of $6,000 and shall be extended for a further five (5) years and expire on January 31, 2032, with the rent of $7,000 monthly plus four dedicated parking stalls. The business run by the existing tenant has obtained a high-rated review. The property underwent significant interior renovations in 2018, totaling $120,000, followed by a redesign in 2020. An electrical upgrade and a new hot water tank, costing $50,000, were also added in 2019. This makes it an ideal investment for your real estate portfolio, featuring a history of reliable tenants, including a top-rated restaurant that has always met its rent obligations. Please avoid contacting the tenant or their staff directly. Note: GST is included in the price.
Property TypeRetail
Building Size2,642 ft²
Lot Size0.08 AC
MLS® IDA2160908
ZoningCC-X
Year Built1911
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
Up to $500K for Alberta businesses
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