Attention investors and business owners: A fantastic opportunity awaits in the thriving Beltline area at 11th Ave and 7th St SW. The existing lease is valid until January 31, 2027, with a monthly rent of $6,000 and shall be extended for a further five (5) years and expire on January 31, 2032, with the rent of $7,000 monthly plus four dedicated parking stalls. The business run by the existing tenant has obtained a high-rated review.
The property underwent significant interior renovations in 2018, totaling $120,000, followed by a redesign in 2020. An electrical upgrade and a new hot water tank, costing $50,000, were also added in 2019. This makes it an ideal investment for your real estate portfolio, featuring a history of reliable tenants, including a top-rated restaurant that has always met its rent obligations. Please avoid contacting the tenant or their staff directly. Note: GST is included in the price.
The property underwent significant interior renovations in 2018, totaling $120,000, followed by a redesign in 2020. An electrical upgrade and a new hot water tank, costing $50,000, were also added in 2019. This makes it an ideal investment for your real estate portfolio, featuring a history of reliable tenants, including a top-rated restaurant that has always met its rent obligations. Please avoid contacting the tenant or their staff directly. Note: GST is included in the price.
Property Details
Price:
$1,764,000
MLS #:
A2160908
Status:
Active
Baths:
0
Address:
1111 7 Street SW
Type:
Commercial
Subtype:
Retail
Subdivision:
Beltline
City:
Calgary
Listed Date:
Aug 28, 2024
Province:
AB
Postal Code:
211
Lot Size:
3,509 sqft / 0.08 acres (approx)
Year Built:
1911
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Financial
Map
Community
- Address1111 7 Street SW Calgary AB
- SubdivisionBeltline
- CityCalgary
- CountyCalgary
- Zip CodeT2R 1A1
Similar Listings Nearby
- 402 8 Street SW
Calgary, AB$2,290,000
0.51 miles away
- 216 50 Avenue SE
Calgary, AB$2,250,000
2.43 miles away
- 108 17 Avenue NW
Calgary, AB$2,250,000
1.92 miles away
- 3801 16 Street SE
Calgary, AB$2,200,000
2.85 miles away
,$2,047,000
0.97 miles away
- 1501 1 Street SE
Calgary, AB$2,000,000
0.82 miles away
- 6104 Bowness Road NW
Calgary, AB$1,800,000
4.98 miles away
- 5316, 7005 Fairmount Drive SE
Calgary, AB$1,750,000
3.52 miles away
- 207 14 Street NW
Calgary, AB$1,700,000
1.05 miles away
1111 7 Street SW
Calgary, AB
LIGHTBOX-IMAGES
