1111 6 Avenue SW #106, Calgary
1 / 3
For Sale
$489,000
0 bd · 0 ba

1111 6 Avenue SW #106, Calgary T2P5M5

MLS®# A2358074

Est. mortgage
$2,174/mo

About This Home

Property Type
Commercial, Retail
Parking
1 parking
MLS #
A2358074
Year Built
2005
Maintenance Fee
$338.80
Rarely available prime investment property, fully operated corner restaurant bay situated at the center of West End community, with abundant office building and residential high rises for sale (business is not included). Never vacant for the last 20 years. Tenant is in all net lease, perfect revenue; no hands on management needed, rental income generating a net return of 5.9 %+ with listing price, better than Bank GIC. Current net rent for unit + 1 U/G titled stall is $2,178.58/Month plus equipment rent of $250/month plus operating cost. Purchase price includes equipment and improvement (valued at $120,000+) and 1 titled underground parking stall ($37,000+), which must be acquired together with bay. See equipment list for details on equipment which include commercial restaurant environmental exhaust hood and suppression system, dishwasher, refrigeration unit, sandwich counter with cooler, grease trap, and other equipment etc. Conventional base hot water heating and New (2026) Central A/C with fan coil. Prime corner unit only half a block from LRT station and walking distance to shopping and many amenities. TENANT OCCUPIED; DO NOT VISIT UNIT W/O APPOINTMENT; UNIT IS OWNED BY LISTING BROKERAGE.

Property Details

Amenities & Utilities

Electricity Connected
Natural Gas Connected
Garbage Collection
Heating Paid For
Water Connected

Full Property Details

Interior

Washrooms
0
Heating
Baseboard,Central,Natural Gas
Heating Source
Baseboard,Central,Natural Gas
Heating Type
Baseboard,Central,Natural Gas
Air Conditioning
Central Air

Exterior

Parking Spaces
1
Total Parking Spaces
1.00
Garage Spaces
-
Zoning
DC (PRE 1P2007)

Building Description

Property Type
Commercial
Home Type
Commercial
Subtype
Retail
Year Built
2005
Exterior
Brick,Concrete,Stucco
Sewers
Public Sewer
Water Supply
Drinking Water
Construction Materials
Brick,Concrete,Stucco

Community

Community
Downtown West End
Subdivision
Downtown West End
Zoning
DC (PRE 1P2007)

Fees

Maintenance Fee
$338.80
Doug Hovde
Doug Hovde
RE/MAX West Real Estate
Listed by Thomas Ha
0 days on site
Listing Broker
Troy Real Estate Ltd
Courtesy
Troy Real Estate Ltd

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