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20
1111 7 Street Street SW
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$1,680,000 Sale
Listed 55 days ago
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Key Facts
Key facts for 1111 7 Street Street SW
Property Type
Commercial
Parking
4 parking
MLS #
A2085574
Size
-
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1911
Maintenance Fee
-
Description
Attention to investors and business owners: An excellent opportunity awaits in the bustling Beltline area, located at 11th Ave and 7th St SW. The current tenant is willing to vacate sooner to accommodate an owner-operated business. Here are the key details: The lease is valid until January 31, 2027,... with a monthly rent of $6,000 on a triple net basis, and the property includes four parking stalls. Extensive interior renovations of $120,000 were carried out in 2018, with an interior redesign in 2020, an electrical upgrade, and a new hot water tank installed in 2019, costing $50,000. This property is an ideal addition to your real estate portfolio, with a history of stable and dependable tenants, including a highly-rated restaurant that has consistently met its rent obligations. Please refrain from approaching the tenant or their staff, and note that the price does not include GST.
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