1111 6 Avenue Sw Unit 106, Calgary, Alberta T2P5M5

Property Description

Rarely available prime investment property, fully operated corner restaurant bay situated at the center of West End community, with abundant office buildings and residential high rises for sale (business is not included). Never vacant for the last 20 years. Tenant is in all net lease; no hands on management needed, rental income generating a net return of 5.9 %+ with listing price, better than Bank GIC. Current net rent for unit + 1 U/G titled stall is $2,178.58/Month plus equipment rent of $250/month plus operating cost. Purchase price includes equipment and improvement (valued at $120,000+) and 1 titled underground parking stall ($37,000+). See equipment list for details on equipment which include commercial restaurant environmental exhaust hood and suppression system, dishwasher, refrigeration unit, sandwich counter with cooler, grease trap, and other equipment etc. Conventional hot water heating and New (2026) Central A/C with fan coil unit. Prime corner unit only half a block from LRT station and walking distance to shopping and amenities. TENANT OCCUPIED; DO NOT VISIT UNIT W/O APPOINTMENT; UNIT IS OWNED BY LISTING BROKERAGE.