1336 16 AV NW , Calgary

$289,000 / MLS® #:C4244817

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Well established and highly profitable Liquor Store in Central area. Conveniently located on 16 AVE NW (Trans-Canada Highway #1.) / 14 St NW, with best exposure to high volumes of traffic. Abundant free parking in front of the store. It has been in operation since 2005, and very well known to all locally. Right cross from Southern Alberta Institute of Technology (SAIT) , walking distance to LRT stations, North Hill Centre, University of Calgary etc. The lease can be renewed for another 5 years plus two 5-year options to renew. Average annual sales was about $850K, monthly gross rent is about $5K. High profit margin, net income was about $120k-$140K. Current inventory is about $120K. It’s very hard to find another liquor store at better location than this one. Don’t miss out this rare opportunity. ACT NOW! Please don't approach anyone in the store and please book all showings in advance. Thanks a lot for your cooperation!

Property Details

Property Type Commercial
Square Feet 1094
Days On Our Website 7
Basement
Full Baths 0
Half Baths 0
Garages N

Listing Office: RE/MAX HOUSE OF REAL ESTATE

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