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$ 3,880,000

4402 17 AV SE, Calgary, AB, T2A 0T6

Listing ID# C4117965
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$ 3,880,000

  • 4402 17 AV SE
    Forest Lawn, Calgary, AB T2A 0T6
  • Listing ID C4117965
  • Building Type: Commercial
  • Space: 10953 sq ft
  • Status: For Sale/Active
  • Days on Market: 1826
  • Age of Building (yrs): 54

Property Description

THIS HIGH DEMAND PRIME COMMERCIAL PROPERTY CONSIST 4-ADDRESSES; (1.) 4404-17 AVE.SE. THE DRAGON GATE RESTAURANT,INCLUDES ALL EQUIPEMENTS FOOD IS OPTIONAL,BUYER MUST USE ANOTHER NAME.THE RESTAURANT IS GOING STRONG WITH DAILY BUFFET LUNCH & SUPPER.THE UPPER LEVEL CONTAINS 8-ONE BEDRM SUITES,. (2.) 4402-17 AVE. SE.THE SPOT PUB & GRILL AT HE CORNER OF 43 ST. A BUSY BAR N GOOD TENANT. (3.) 1726-43 STREET, VACANT LOT . AND (4.)1727-44 STREET SE. VACANT LOT,BOTH PARKS UP TO 28 CARS. THIS DC LAND . THIS 2-STORY RETAIL-RESIDENTIAL BUILDING CONTAINS NET RENTABLE OF 10952 SQ FT. ABOVE GRADE. THE BASEMENT IS 5000 +,OR- SQ FT.THE GROUND RENTABLE AREA 6543 SQ FT, N 4409 ON SECOND FLR. THE FRONT ENTRANCE/A LOBBY & WASHROOMS, A SPOT BAR TO THE LEFT,LEASED $8,000./MONTH,PLUS $3,000.+OR-FROM THE VLT MACHINES,AND A ORIENTAL RESTAURANT,LEASED FOR $10,000./MOMTH, EACH HAS ITS SEPERATE KITCHEN. DIRECTLY ABOVE ARE 8-RESIDENTIAL UNITS,AVERAGE RENT $800./SUITE?MONTH With a total incomeof$27,400.00/month. BUILDING ON CONCRETE FUNDATION, CONCRETE SLAB FLR, CONCRETE BLK EXTERIOR WALLS,/ FLAT ROOF N TAR & GRAVEL COVER. ROOF TOP HVAC UNITS. INTERIOR DRYWALL PATITION N WOOD./STUCCO COVERED CEILING. DC 172Z81 & C2 GUIDELINES,DO CONSIDER ZONING REDESIGNATION & RELAXATION POTENTIAL.



Listing courtesy of REAL ESTATE PROFESSIONALS INC.


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