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.
List Price
$699,900
Lease Price
19000.00
Lease Unit
Sqft.
Lease Term
Monthly
Property Type
Commercial
Type of Dwelling
Business
Transaction Type
Lease
Area
Calgary CC
Sub-Area
46CC_8888
Year Built
1977
MLS® Number
A2277081
Listing Brokerage
Real Estate Professionals Inc.