310 Centre St SE - Restaurant FOR SALE


Calgary, AB T2G 2B8- North Hill/Downtown/Beltline
$1,250,000 CAD
587-719-7999
310 Centre St SE, Calgary, AB for Sale
$1,250,000 CAD
Restaurant - FOR SALE
1/4
null | Request Cap Rate

310 Centre St SE
Calgary, AB T2G 2B8
North Hill/Downtown/Beltline


OVERVIEW

A free standing commercial property in Chinatown is for sale. The business is not included in the sale. The property has a stable tenant, currently paying $7,000 + GST per month in rent. The tenant is a chain store that has invested over $200,000 in renovations to the property. The seller will replace the roof, expected to be completed around April 2026. The current rent is below market value, offering potential to increase the rent in the future. Property Size: 2,242 sq.ft. main floor + 2,242 sq.ft. basement. Lease Term: Until December 31, 2030.

FOR SALE DETAILS

PRICE

$1,250,000 CAD

PRICE/SF

$279 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

-

APN/PARCEL ID

0018522368

ASK ABOUT THIS PROPERTY

Phil YanGrand Realty & Management Ltd.More Info
587-719-7999

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Phil YanGrand Realty & Management Ltd.More Info
587-719-7999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.