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1111 7 Street SW
Calgary
Update on 2023-07-04 10:05:04 AM
$1,764,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1911
YEAR BUILT
MLS® Number
A2160908
PROPERTY TYPE
Commercial
LISTING DATE
2024-08-28
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.
(403) 271-0600
| COMMUNITY | Beltline |
| TYPE | Commercial |
| STYLE | |
| YEAR BUILT | 1911 |
| SQUARE FOOTAGE |
| BEDROOMS | |
| BATHROOMS | |
| BASEMENT | |
| FEATURES |
| GARAGE | 0 |
| PARKING | |
| ROOF | |
| LOT SQFT | 326 |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Master Bedroom | ||
| Second Bedroom | ||
| Third Bedroom | ||
| Dining Room | ||
| Family Room | ||
| Kitchen | ||
| Living Room |
INTERIOR
EXTERIOR
Broker
Top Producer Realty and Property Management
Agent
