Courtesy Of URBAN-REALTY.ca
Excellent investment opportunity to own two adjacent properties in the Forest Lawn area of southeast Calgary. This property (MLS: A2016978) includes land and building with a successful long-standing Restaurant and Pub property fully leased until December 31st, 2026. This land parcel is 10,742 square feet in size and the property is improved with a 6,600-square-foot restaurant/bar constructed in 1976. Construction consists of a poured-in-place concrete foundation supporting a concrete block superstructure with a mix of flat and sloped roof systems. The building has a full basement, approx. 2/3 of which is underground parking. It has 600 amp 120-208Volt, 3 phase power. All restaurant and pub equipment including fridges, freezers, coolers, bars with counters and VLT machines which is owned by the business operation The other property to the east at 1813 37 Street SE (MLS A2017271) is 9,440 square feet in size and it is the paved parking lot for the restaurant Pub operation. The total Land area of both properties is 20,182 SqFt (1874.97m2) and both lots are Zoned MU-2f4.5h20 (Mixed Use - Active Frontage) which allows for a mix of street-front commercial and upper-floor residential uses. Excellent investment or redevelopment opportunity in the busy 36 Street and International Avenue (17th Ave) SE area, which is just 15 MINUTES away from the AIRPORT and downtown Calgary and very close to many residential communities (the restaurants/pubs customers). These properties have great access in and out to major roadways including 17th Avenue, 36th Street, Deerfoot Trail and Stoney Trail. Forest Lawn is close to many redevelopment projects. Both properties of MLS A2016978 and A2017271 need to be sold together as Seller will not consider selling separately
Cable Connected, Electricity Connected, Natural Gas Connected, High Speed Internet Available, Phone Connected, Sewer Connected, Water Connected
Overhead Heater(s), Natural Gas
Back Lane, Low Maintenance Landscape, Near Shopping Center, Level, Near Public Transit
Flat Torch Membrane, Rolled/Hot Mop, Shingle
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