Business

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Property Description
Location, Location, Location is key for this Profitable Bar/Lounge on popular and trendy 17 Ave SW. Owner spent over $100,000 on just improvements to interior and HVAC system. New upgraded HVAC exceeds City’s request for CFM/air-make per person occupancy. Business did over $440k in just 7 months, this is just based on EVENING hours of 5pm to 1 am. Patio allows for 42 person and IF opened for Lunch, this would have the potential just to cover the rent. Interior improvements includes BAR (6 beer lines), audio system (DJ set), Projector for private parties and popular bottle service. Large space (3,543 SF) allows for 144 patrons to enjoy the drinks and delicious food. Large Commercial kitchen, cooking equipment and 16 foot Canopy will provide for all patrons and possible morning/Lunch rush. Long lease in place (4 years left) and two (5) option to Renew allows for the next owner to maximize their ROI. Seller started theme nights like Latino night, R&B, and more. Be the next to own this Trendy spot! (id:15472)
Basic Details
Property Type : Business
Listing Type : For Lease
Listing ID : C4273260
Price : $579800
Rooms : 0
Year Built : 1964
Address Map
Country : Canada
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
MLS Addon
Office Name : CENTURY 21 BRAVO REALTY,CENTURY 21 BRAVO REALTY
Agent Name : Jim Lee,Arshad Rashed
ListAgentKey : 1596554,1936999
ListOfficeKey : 54563,54563
Lease : $39
Importer Addon
MaintenanceFee : $0
LeasePerUnit : square feet
Business For Lease
  • Listing ID : C4273260
  • Visits : 17 in 46 days
$579800
Agent info
Contact Agent

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