Commercial For Sale in Calgary, Alberta
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.
| Street Address: | 123 Any Street SW |
| City: | Calgary |
| Province/State: | Alberta |
| Postal Code: | N/A |
| County/Parish: | Calgary |
| Subdivision: | Downtown Commercial Core |
| Country: | Canada |
| Latitude: | 51.04739812 |
| Longitude: | -114.06288725 |
| MLS® Number: | A2245755 |
| Price: | $788,000 |
| Property Area: | 0 Sq ft |
| Bedrooms: | 0 |
| Bathrooms Half: | 0 |
| Bathrooms Full: | 0 |
| Living Area: | 0 Sq ft |
| Building Area: | 17,000 Sq ft |
| Year Built: | 1980 |
| Listing Date: | Aug 05, 2025 |
| Garage Spaces: | 0 |
| Property Type: | Commercial |
| Property Subtype: | Retail |
| MLS Status: | Active |
| Flooring: | N/A |
| Construction: | N/A |
| Parking: | N/A |
| Appliances: | N/A |
| Stories: | N/A |
| Zoning: | N/A |
| Fireplace: | N/A |
| Amenities: | N/A |
| Property Type | Commercial |
| Building Type | Retail |
| Community Name | Downtown Commercial Core |
| Subdivision Name | Downtown Commercial Core |
| Title | Freehold |
| Land Size | Unknown |
| Built in | 1980 |
| Annual Property Taxes | Contact listing agent |
| Parking Type | N/A |
| Time on MLS Listing | 31 days |
| Total Building Area: | 17,000 sq ft |
No specific features listed for this property.
Floor plan information is not available for this property.
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