780-832-5880


Calgary (A2277081)

$699,900
11,656 ft²

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Prime opportunity to acquire a well-established banquet hall and event centre in a prime Calgary location, operating successfully since 2018. This versatile venue offers a capacity of up to 500 guests and is well known for hosting weddings, corporate events, cultural celebrations, fundraisers, and private functions. The business features excellent leasehold improvements, valuable furniture, décor, and event assets, along with flexible in-house catering and modern audio-visual capabilities. A secure lease is in place until 2028, with two additional 5-year renewal options, providing long-term stability. Strategically located in a high-density, high-income metropolitan area with a growing and diverse population, this turnkey operation presents a rare steal deal in a high-demand market and won’t last long.

Property details

Basic Info

MLS® #
A2277081
Property Type:
Commercial
Subtype:
Business
Subdivision:
Calgary
Price
$699,900
Sale/Lease:
For Lease
Size:
11,656 sq.ft.
Year Built:
1977 (49 years old)

Building Info

Structure Type:
Retail
Garage:
No
Fence:
Basement:
No
Inclusions:
Asset List to be provided before closing

Business Info

Business Type:
Recreation

Listing Info

Possession:
Negotiable
Days on Market:
2
Your Realtor
  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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