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Puma Banwait
CENTURY 21 BAMBER REALTY
1612 - 17 AVE SW, Calgary, Alberta
P: 403-660-6363
F: 403-366-3758
Email

Listing Details

For more information on this listing or other please contact me.

Data was last updated 2024-11-07 at 12:55:04 GMT
$1,764,000

1111 7 Street SW   Calgary, Alberta

MLS®: A2160908
URL:    
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.
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 Puma Banwait. For more information or to schedule a viewing please contact Puma Banwait.
Puma Banwait
CENTURY 21 BAMBER REALTY
Phone: 403-660-6363
Mobile Phone: 403-660-6363
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 Puma Banwait, licensed Salesperson in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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