Calgary, AB T2M 0M1,1336 16 AVE
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Calgary, AB T2M 0M1,1336 16 AVE
Calgary, AB T2M 0M1,1336 16 AVE
Calgary, AB T2M 0M1,1336 16 AVE
Calgary, AB T2M 0M1,1336 16 AVE

$280,000

Est. payment /mo

$299,000

6.4%
Est.Price: ?

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1336 16 AVE Calgary, AB T2M 0M1

SOLD DATE : 04/20/2023

Key Details

Sold Price $280,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Subdivision Capitol Hill

MLS® Listing ID A2016419

Sold Date 04/20/23

Originating Board Calgary

Year Built 1970

Tax Year 2022

Property Description

Don't Miss this Great Opportunity to be your own BOSS | Well established | Highly profitable Liquor Store in a Remarkable Central Area | Very conveniently located on 16 AVE NW (Trans-Canada Highway #1.) / 14 St NW, with the best exposure & to s very high volume 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 $950K, monthly gross rent is about $5K. High profit margin, net income was about $130k-$160K. Current inventory is about $125K. 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.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning NW

Exterior

Total Parking Spaces 32

Others

Restrictions None Known

Ownership Private

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Listed by AMG REALTY
agent

Jackie Hutchinson

Agent | License ID: chutchja1

+1(403) 923-6003

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