Daryl Carlson - 403-259-4141
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Business in Calgary
- 165
- 173
0 Bedrooms
0 Bathrooms- 17000 Sq Ft
Property Type
Business
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. (id:6769
Property Details
Subarea
Downtown Commercial Core
Lot
0
Year Built
1980
Disclaimer:
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Listing data last updated date: 2025-12-19 04:50:12
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Listing Agent: Ed Kwan
Brokerage: First Place Realty