$289,000.00 1,094 Sq.ft

1336 16 AV NW, Calgary. T2M 0L1

Description

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!

Listing Information

Prop. Type:Commercial
Status:
MLS #:C4244817
City:Calgary
Neighbourhood:Capitol Hill
Province:Alberta
Building/Unit Size: 1,094 sq.ft
Lot Size:264 sq.ft
Land Size:0.00 Acre
Listing Price:$289,000.00
Listing Price Arce:$0 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:GR - Liquor Store
Property Type:Commercial
Property Subtype:Retail
Transaction Type:For Lease
Land Use Code:C-COR1 f4.0h24
Listing Contract Date:2019-05-14

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX HOUSE OF REAL ESTATE" listing brokerage.

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