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Calgary Real Estate

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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

Retail Property for Sale

Property For Sale In Downtown Commercial Core, Calgary

 Retail Property for Sale, MLS® # C4236276

PRICE REDUCED! Profitable cafe & bistro business with great exposure located on +15 of a 22 storey high-rise office building in downtown. Very well-received business with lots of regular and repeat customers. Almost 50% of the sales is from catering orders. Steady sales just over $1,200/day (approximately $310,000/year on average last 3 years). Business hours Monday to Friday, 6am to 2:30pm (breakfast & lunch). Bright corner location with lots of windows overlooking Calgary downtown provides great atmosphere. 19 seating inside + additional seating area including furniture (additional 729 sqft & 42 seats) is provided by the landlord without any extra rent. Low rent at $4,500 including the op cost (all utilities are included) and tax and it is being currently renegotiated to net $10/sqft ($15/sqft now). Remaining lease until May 31, 2020 with a 5 year renewal option. This business did well in uncertain economic times and definitely has the potential to be profitable now and for many years in the future.

Contact Elke Babiuk About MLS® C4236276

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Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Retail Property
  • MLS®#: C4236276
  • Year Built: 1979
  • Total Floor Area: 1,832 sq.ft
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Community Information

  • Neighbourhood: Downtown Commercial Core
  • City: Calgary
  • Postal Code: T2P 3E7
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$199,000

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Listing Courtesy of
ROYAL LEPAGE SOLUTIONS
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.