Listing Details

1111 7 Street, Calgary

Retail Property for Sale

1111 7 Street, Calgary, MLS® # A2160908
  • MLS®#: A2160908
  • Price: $1,764,000
  • Status: Active
  • Year Built: 1911
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Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

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.

Contact Laura Ipsum About MLS® A2160908

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Laura Ipsum, 7804256270 at Redman Office Realty, 10172 108 Street, Edmonton, Alberta, T5J 1L3

property information

  • Property Type: Retail Property
  • MLS®#: A2160908
  • Year Built: 1911
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Community Information

  • Address: 1111 7 Street
  • Neighbourhood: Beltline
  • City: Calgary
  • Postal Code: T2R 1A1
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interior

  • Included: N/A
  • Fireplace Details: For Sale
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$1,764,000

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Listing Courtesy of
Top Producer Realty and Property Management
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