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Renanza Realty
For sale

1324 17 Avenue SW

Calgary, Alberta

MLS® A2338526

$189,900

Status
Active
Property type
Business
MLS® number
A2338526
Bedrooms
Bathrooms
Year built
1981

Listing description

$350,000+ RECENT RENOVATION | PRIME 17 AVENUE SW LOCATION | 200-PERSON CAPACITY | 21 DESIGNATED PARKING STALLS | PATIO | RENT INCLUDING UTILITIESRare opportunity to take over a beautifully renovated restaurant and bar in the heart of Calgary’s vibrant 17 Avenue SW. More than $350,000 has been invested in recent renovations, giving the next operator a significant head start. The More than 3000 sq ft space offers capacity for approximately 200 guests, including 90 indoor seats and 40 patio seats.

Features include a NEW BAR, LARGE COMMERCIAL FRIDGE, WALK-IN COOLER, DESIGNATED BEER LINES, POOL TABLES, and a fully established restaurant and bar setup. A major advantage is the 21 DESIGNATED PARKING STALLS, a rare and valuable feature for a high-traffic inner-city location. The PATIO offers potential for year-round use, subject to City approvals and required permits.

The flexible layout is ideal for a restaurant, lounge, pub, sports bar, cocktail bar, entertainment venue, or KARAOKE CONCEPT. Approximately $12,300 monthly rent INCLUDING UTILITIES provides attractive occupancy costs for this size and location. With STRONG EXPOSURE, HIGH FOOT TRAFFIC, 21 PARKING STALLS, EXTENSIVE RECENT RENOVATIONS, PATIO POTENTIAL, and existing restaurant and bar infrastructure, this is an excellent opportunity for an experienced operator or entrepreneur.

Bring your concept and take advantage of the substantial investment already completed. TURNKEY OPPORTUNITY with significant renovation work already in place.

Property summary

MLS® number
A2338526
Property type
Business
Square footage
3,344 sq ft
Built in
1981
Days on market
32 days

What would this home cost you?

Based on the $189,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$884 /mo

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Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Connect, Fort McMurray.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.