Ed Kwan
(403) 547-8401
First Place Realty
403-547-8401
123 Downtown Street SE
Calgary , Alberta T2P 1M4
Calgary , Alberta T2P 1M4
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Bar/Tavern/Lounge,Restaurant For Lease
$249,000
Profitable restaurant and bar in downtown Calgary. Currently serving Middle Eastern cuisine. Can be repurposed to other style of food. This location used to be a dance club. Currently with Shisha license, liquor license. Restaurant seating capacity is 100. Lower level, 3,300sf with a large kitchen, walk in cooler, walk in freezer, pizza oven. Gross rent $5200, utility $1100. Busy downtown core location. Current operator has been there for 4 years, selling a profitable food and beverage business due to personal reasons. This business can be a family operation.
Transaction Type
For Lease
For Lease
Days On Market
7
7
Lease Amount
4000.00
4000.00
Lease Frequency
Monthly
Monthly
Lease Term
Renewal Option
Renewal Option
Subdivision
Downtown Commercial Core
Downtown Commercial Core
Year Built
1950
1950
Structure Type
Flex
Flex
Property Type
Commercial
Commercial
Property Sub Type
Business
Business
Building Area (Sq. Ft.)
3300.00
3300.00
Building Area (Sq. M.)
306.58
306.58
Inclusions
all restaurant, bar, and shisha equipment. shisha exhaust.
all restaurant, bar, and shisha equipment. shisha exhaust.
Restrictions
None Known
None Known
Reports
Unaudited Financial Stmnts
Unaudited Financial Stmnts