403-921-7653 CIR Realty North West

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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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 Corinne Watson About MLS® A2160908

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Corinne Watson , 403-921-7653 at CIR Realty North West, #168, 8060 Silver Springs Blvd. N.W., Calgary, Alberta, T3B 5K1

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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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. 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. Used under license.