(Undisclosed Address), Calgary

$579,800

0 Beds
0 Baths
3,543 Sqft
0 Acres
0 Garages

Location, Location, Location is key for this Profitable Bar/Lounge on popular and trendy 17 Ave SW. Owner spent over $100,000 on just improvements to interior and HVAC system. New upgraded HVAC exceeds City's request for CFM/air-make per person occupancy. Business did over $440k in just 7 months, this is just based on EVENING hours of 5pm to 1 am. Patio allows for 42 person and IF opened for Lunch, this would have the potential just to cover the rent. Interior improvements includes BAR (6 beer lines), audio system (DJ set), Projector for private parties and popular bottle service. Large space (3,543 SF) allows for 144 patrons to enjoy the drinks and delicious food. Large Commercial kitchen, cooking equipment and 16 foot Canopy will provide for all patrons and possible morning/Lunch rush. Long lease in place (4 years left) and two (5) option to Renew allows for the next owner to maximize their ROI. Seller started theme nights like Latino night, R&B, and more. Be the next to own this Trendy spot!

Essential Information
MLS® #C4273260
Price$579,800
Bathrooms0.00
Square Footage3,543
Acres0.00
Year Built1964
TypeCommercial
Sub-TypeRetail
StyleFB - Night Club
StatusActive
Community Information
AddressN/A
AreaCalgary
CityCalgary
ProvinceAlberta
Amenities
AmenitiesKitchen, See Remarks
Parking Spaces2
Additional Information
ZoningZone CC
Listing Details
OfficeCENTURY 21 BRAVO REALTY

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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on November 14th, 2019 at 6:45pm MST.

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