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$ 699,900
New
Calgary, AB
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Rent
MLS® Listing ID A2277081
Year Built 1977
Property Sub-Type Business
Source Calgary
Property 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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Interior
Inclusions Asset List to be provided before closing
Others
Restrictions None Known
Ownership Private
Listed by Real Estate Professionals Inc.