Chris Doehner | 1022 - Restaurant on 17th Avenue SW – $199,000


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1022 - Restaurant on 17th Avenue SW – $199,000

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1022 - Restaurant on 17th Avenue SW – $199,000

This is a well-located space with lots of parking on 17th Avenue SW. The concept can be changed or kept as-is. Comes with full-kitchen. There’s additional space on the 2nd floor which could be used. Patio facing 17th Avenue. Good lease rate – especially for 17th Ave. SW!

This opportunity will not last long – contact Chris to arrange a showing ASAP!

Business Information

Gross sales: $600,000 per year
Size in sq. ft.: 4,500 sq. ft.
No. of Seats: Licensed for 92; actual 83
Number of Parking Stalls: Paved lot with 25 parking spaces
Style of cuisine: Casual dining; specializing in custom burgers; comfort food
Customer Demographics: Diverse customer base; business people; locals; walk-by traffic
Type of service: Table
Hours of Operation: 
Sunday to Wednesday 11 am – 9 pm
Thursday, Friday & Saturday 11 am – 11 pm
Number of Employees: 12 - with 4 full-time and 8 part-time

Leasing information:

Rate per sq. ft.: Gross monthly rent approx. $8,400 which includes rent, CAM and GST
C.A.M.: Included in the above monthly amount
Lease Term: June 2021 
Option Periods: To be Verified
Deposit held by Lessor: 6 Months
Financing: Treat as clear title

Please contact Chris for any questions or to set up a showing.