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Data was last updated 2025-09-05 at 00:15:06 GMT
Large Banquet Facility in Calgary. Accommodates 700 people with full kitchen and catering. Suitable for multi-days wedding parties, birthday parties, political conventions, community association events, award ceremonies, Corporate Events, Church Function, Theme Parties, Benefits/Fundraisers, Private Parties, etc...this is a profitable business. The restaurant has a capacity of 700 seating at one time, so for the larger events, this is like a monopoly. With the year ahead bookings, investor will recover the purchase price in 2 years time. 17,000sf, low lease rate of $16/sf. Suitable for operators with banquet experience . To set up such a 17,000 sf space will cost $1.2M to $1.5M, but now you can get this built out for half the price. The condition is good, no renovation required in the next few years.
Listing Information
- Prop. Type:
- Retail (Commercial)
- Status:
- Active
- City:
- Calgary
- Neighbourhood:
- Downtown Commercial Core
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2245755
- Listing Price:
- $788,000
General Information
- Year Built:
- 1980
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This property is listed by First Place Realty and provided here courtesy of
Bryan Logel.
For more information or to schedule a viewing please contact Bryan Logel.
Bryan Logel
RE/MAX Real Estate (central)
Phone: 403-216-1600
Mobile Phone: 403-803-5740
Inquire Via Email
RE/MAX Real Estate (central)
Phone: 403-216-1600
Mobile Phone: 403-803-5740
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.