Main Photo: 1336 16 Avenue NW in Calgary: Capitol Hill Retail for sale : MLS®# C4244817
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
C4244817
Bus Minor:
GR - Liquor Store
Well established and highly profitable Liquor Store in Central area. Conveniently located on 16 AVE NW (Trans-Canada Highway #1.) / 14 St NW, with best exposure to high volumes of traffic. Abundant free parking in front of the store. It has been in operation since 2005, and very well known to all locally. Right cross from Southern Alberta Institute of Technology (SAIT) , walking distance to LRT stations, North Hill Centre, University of Calgary etc. The lease can be renewed for another 5 years plus two 5-year options to renew. Average annual sales was about $850K, monthly gross rent is about $5K. High profit margin, net income was about $120k-$140K. Current inventory is about $120K. It’s very hard to find another liquor store at better location than this one. Don’t miss out this rare opportunity. ACT NOW! Please don't approach anyone in the store and please book all showings in advance. Thanks a lot for your cooperation!
Property Type:
Commercial
Property Sub Type:
Retail
Condo Type:
Not a Condo
Minor Bus Type:
GR - Liquor Store
Total Floor Area:
1,094 sq. ft.
Price Per SqFt:
264.1682
Lse Op Costs SF:
20.0
Lse Op Costs Incl:
Insurance, Maintenance, Management
Lease Term Remaining:
12
Taxes:
$72,654 / 2018
Lot Area:
0.57 acre(s)
Year built:
1978 (Age: 41)
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
0512746
Water Supply:
Municipal
Garage:
0
Parking Total/Covered:
32 / -
Parking Places:
32.0
Title to Land:
Fee Simple
Restrictions:
None Known
Capitol Hill
Capitol Hill
Alarm System, Handicap Access, Internet, Storefront
Private, Leasehold
Possession:
Negotiable
Listed Date:
Days on Mkt:
Original Price:
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Listed by RE/MAX HOUSE OF REAL ESTATE
Data was last updated August 21, 2019 at 04:05 AM (UTC)
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
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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