1336 16 Ave Nw

Calgary, AB, T2M 0L1
MLS® #: C4244817
Yan Gong, RE/MAX House of Real Estate

$289,000

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Business Type: N/A

Date Listed: Tue, May 14, 2019

Property Tax: N/A

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1336 16 Ave Nw

Calgary, AB, T2M 0L1

$289,000

1094 sqft
MLS® #: C4244817
Yan Gong, RE/MAX House of Real Estate

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Property 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!

Details

Property Type: Commercial Lease
Property Tax: N/A
Fees: N/A
Last Updated: Tue, May 14, 2019
Property Sub Type: Retail

Key Facts

MLS® #: C4244817
Style: N/A
Ownership-Type: N/A
Year Built: 1978
sqft: 1094 SQFT
Date Listed: May 14, 2019
Lot Size: N/A
Occupancy: N/A
Subdivision: Capitol Hill
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Yan Gong chevron_right

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RE/MAX House of Real Estate

Calgary, AB

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(403) 287-3880

PH: (403) 287-3880
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.