Calgary, AB T2P1J9 123 Any Street SW
$788,000
Presented By: First Place Realty
Home Details
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.
Presented By: First Place Realty
Interior Features for 123 Any Street SW
Other Interior Features
Building Area Total SF17000.00
Building Area Total Metres1579.34
EnsuiteNo
Main Level AreasSquareFeet
General for 123 Any Street SW
Business YNYes
DistrictCAL Zone CC
Property SubtypeRetail
Property TypeCommercial
Public RemarksLarge Banquet Facility in Calgary. Accommodates 700 people with full kitchen and catering. Suitable for multi-days wedding parties, birthday parties, political conventions, community association event
Structure TypeMixed Use
Subdivision NameDowntown Commercial Core
Transaction TypeFor Lease
Exterior for 123 Any Street SW
Building Area Total17000.00
Garage Y/NNo
InclusionsFurniture and utensil that can host a 700 person dinner banquet at one time, kitchen equipment and facilities to separate the space with dividers to host multiple functions/parties at the same time.
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty