Large Banquet Facility in Calgary. Accommodates 700 people with full kitchen and catering. Suitable for multi-days wedding parties, birthday parties, political conventions, community association events, award ceremonies, Corporate Events, Church Function, Theme Parties, Benefits/Fundraisers, Private Parties, etc...this is a profitable business. The restaurant has a capacity of 700 seating at one time, so for the larger events, this is like a monopoly. With the year ahead bookings, investor will recover the purchase price in 2 years time. 17,000sf, low lease rate of $16/sf. Suitable for operators with banquet experience . To set up such a 17,000 sf space will cost $1.2M to $1.5M, but now you can get this built out for half the price. The condition is good, no renovation required in the next few years. (id:51540)
| MLS® Number | A2245755 |
| Property Type | Business |
| Neigbourhood | Downtown Commercial Core |
| Community Name | Downtown Commercial Core |
| Constructed Date | 1980 |
| Size Exterior | 17000 Sqft |
| Size Interior | 17,000 Sqft |
| Total Finished Area | 17000 Sqft |
| Type | Retail |
| Acreage | No |
| Size Total Text | Unknown |
Contact us for more information
Ed Kwan
Associate
(403) 547-8401
(403) 374-1710
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