100, 2909 17 Avenue Sw, Calgary
$599,000
MLS® # A2289219
Keller Williams BOLD Realty
(Undisclosed Address), Calgary
$768,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
Large Banquet Facility in Calgary. Accommodates 700 people with full kitchen and catering. Suitable for multi-days wedding parties, 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. The restaurant has a capacity of 700 seating at one time, so for the larger events, this is like a monopoly. With the year ahead bookings, investor will recover the purchase price in 2 years time. 17,000sf, low lease rate of $16/sf. Suitable for operators with banquet 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.
Essential Information
MLS® #A2245755
Price$768,000
Year Built1980
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
AddressN/A
CityCalgary
CountyCalgary
ProvinceAlberta
Listing Details
OfficeFirst Place Realty
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