123 Any Street SW, Calgary, Alberta, T2P 1J9

  • A2245755
  • MLS Number
  • 1980
  • Year Built
Property Description
Large Banquet Facility in Calgary. Accommodates 700 people with full kitchen and catering. Suitable for multi-days wedding parties, birthday parties, political conventions, community association events, award ceremonies, Corporate Events, Church Function, Theme Parties, Benefits/Fundraisers, Private Parties, etc…this is a profitable business. The restaurant has a capacity of 700 seating at one time, so for the larger events, this is like a monopoly. With the year ahead bookings, investor will recover the purchase price in 2 years time. 17,000sf, low lease rate of $16/sf. Suitable for operators with banquet experience . To set up such a 17,000 sf space will cost $1.2M to $1.5M, but now you can get this built out for half the price. The condition is good, no renovation required in the next few years.
Property Details
  • Property Type Retail, Commercial
  • MLS Number A2245755
  • Year Built 1980
  • Property Status Active
  • Brokerage name First Place Realty
Features & Amenities
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