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$ 199,999
Est. payment | /mo
3,344 SqFt
$ 199,999
Est. payment | /mo
3,344 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,344 sqft
Price per Sqft $59
MLS Listing ID A2325424
Property Sub-Type Business
Property Description
Excellent opportunity to acquire a well located restaurant and bar space on Calgary's highly desirable 17th Avenue SW. This location offers strong exposure,steady traffic,a good patio,and the flexibility for a new owner to continue with the existing style of business or bring in an entirely new food and beverage concept.
The space is already set up as a full service restaurant and bar,but the real value is in the location,the lease,the patio,and the ease of conversion. The kitchen has been recently renovated,which gives a new operator a major head start and helps avoid the cost and downtime of a major back of house buildout. The front of house area can be refreshed or redesigned without a complicated renovation,making it a good fit for many different concepts,including casual dining,lounge,pub,cocktail bar,specialty cuisine,quick service,or a new branded restaurant.
The rent is very attractive for 17th Avenue SW and should be viewed as one of the strongest selling features of this opportunity. For an operator looking to control occupancy costs while securing a presence in one of Calgary's best known restaurant and entertainment areas,this is a very compelling option.
This is a great opportunity for an owner operator,experienced restaurant group,or growing food and beverage brand looking for a flexible space in a strong inner city location. With a renovated kitchen,good lease economics,a patio,and the ability to rebrand or convert the decor with relative ease,this location provides a solid foundation for a new operator to step in and make it their own.
The space is already set up as a full service restaurant and bar,but the real value is in the location,the lease,the patio,and the ease of conversion. The kitchen has been recently renovated,which gives a new operator a major head start and helps avoid the cost and downtime of a major back of house buildout. The front of house area can be refreshed or redesigned without a complicated renovation,making it a good fit for many different concepts,including casual dining,lounge,pub,cocktail bar,specialty cuisine,quick service,or a new branded restaurant.
The rent is very attractive for 17th Avenue SW and should be viewed as one of the strongest selling features of this opportunity. For an operator looking to control occupancy costs while securing a presence in one of Calgary's best known restaurant and entertainment areas,this is a very compelling option.
This is a great opportunity for an owner operator,experienced restaurant group,or growing food and beverage brand looking for a flexible space in a strong inner city location. With a renovated kitchen,good lease economics,a patio,and the ability to rebrand or convert the decor with relative ease,this location provides a solid foundation for a new operator to step in and make it their own.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Interior
Inclusions To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by CIR Realty
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