Large retail building in prime location available for quick possession. Formerly operated as a restaurant, this commercial space is versatile & can be partitioned to accommodate more than one business. Street side area (former restaurant) is approx. 946 sq.ft. including restrooms; back room area (former kitchen) is about 550 sq.ft.; avenue side area (former dining lounge) is approx. 924 sq.ft. including rest rooms. Or use all 2,420 sq.ft. for your own enterprise. Location on the corner of 50th & 50th means great exposure to traffic patterns. Great opportunity for your small business or as a revenue property. Now significantly reduced & available for quick possession.
Essential information
MLS® number
A2333510
Status
Active
Price
$79,900
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
2,530 sq ft
Lot size
3,000 sq ft
Year built
1937
Structure
Retail
Listing brokerage
Royal LePage Rose Country Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Cooling
Central Air
Exterior and construction
Construction
Brick, Concrete
Roof
Asphalt, Metal
Foundation
Poured Concrete
Frontage
7.01M 23`0"
Zoning
C
Parking
Total parking
15
Commercial
Clear ceiling height
10 ft
Services
Utilities
Cable at Lot Line, Electricity Connected, Natural Gas Connected, Garbage Collection, Phone Available, Sewer Connected, Water Connected
Sewer
Public Sewer
Water
Public
Community
City
Killam
Province
AB
Postal code
T0B 2L0
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
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5 photos$79,000101, 4655 54 Avenue NE, Calgary
