1111 7 St SW - Restaurant FOR SALE


Calgary, AB T2R 1A1
$1,680,000 CAD
587-848-3751
1111 7 St SW, Calgary, AB for Sale
$1,680,000 CAD
Restaurant - FOR SALE
1/25
null | Request Cap Rate

1111 7 St SW
Calgary, AB T2R 1A1


HIGHLIGHTS

  • Electrical upgrade
  • New hot water tank
  • Ample foot traffic

OVERVIEW

A fantastic opportunity awaits in the bustling Beltline area, at 11th Ave and 7th St SW. The lease is valid until January 31, 2027, with a monthly rent of $6,000 on a triple net basis, and includes four parking stalls. Extensive interior renovations costing $120,000 were carried out in 2018, followed by an interior redesign in 2020, and an electrical upgrade and new hot water tank installation in 2019 costing $50,000. This property is an ideal addition to your real estate portfolio, boasting a history of stable and dependable tenants, including a highly-rated restaurant that has consistently met its rent obligations. The buyer must assume the tenant.

FOR SALE DETAILS

PRICE

$1,680,000 CAD

PRICE/SF

$479 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

CC-X

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Vivian LeeTop Producer Realty and Property ManagementMore Info
587-848-3751

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Vivian LeeTop Producer Realty and Property ManagementMore Info
587-848-3751

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.