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Capitol Hill Homes, City Centre, Calgary
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  • 1336 16 Avenue NW in Calgary: Capitol Hill Retail for sale : MLS®# C4244817

    Main Photo: 1336 16 Avenue NW in Calgary: Capitol Hill Retail for sale : MLS®# C4244817
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    $289,000
    Commercial
    Status:
    Active
    MLS® Num:
    C4244817
    Minor Bus.:
    GR - Liquor Store
    Floor Area:
    1,094 sq. ft.
    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! More details
    Listed by RE/MAX HOUSE OF REAL ESTATE
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Data was last updated August 22, 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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