Listings

Data was last updated 2024-11-07 at 12:55:04 GMT

$1,764,000

1111 7 Street SW Calgary, Alberta

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MLS^®: A2160908

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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.

Listing Information

Prop. Type:: Retail (Commercial)

Status:: Active

City:: Calgary

Neighbourhood:: Beltline

Area:: Calgary

Province:: Alberta

MLS^® Number:: A2160908

Listing Price:: $1,764,000

General Information

Year Built:: 1911

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This property is listed by Top Producer Realty And Property Management and provided here courtesy of Kathy Anderson. For more information or to schedule a viewing please contact Kathy Anderson.

Kathy Anderson
CIR Realty LTD
Phone: 403-969-2347
Inquire Via Email

The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

This site's content is the responsibility of Kathy Anderson, licensed Salesperson(s) in the Province of Alberta.

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