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$383,000

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8338 18 ST SE #330 Calgary, AB T2C 4E4

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Dhruv Dilawri

dhruv.dilawri@century21.ca +1(587) 899-6814

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Rent

Subdivision Riverbend

MLS® Listing ID A2287492

Year Built 1996

Property Sub-Type Retail

Source Calgary

Property Description

Here is an ESTABLISHED HARDWARE BUSINESS FOR SALE – Riverbend Centre, a TURN-KEY OPPORTUNITY to own a REPUTABLE HARDWARE BUSINESS in the heart of RIVERBEND CENTRE! This 1,401 Sq Ft Retail Space offers EXCELLENT EXPOSURE within a BUSY Shopping Centre + benefits from UNLIMITED SHARED CUSTOMER PARKING, w/2 parking stalls directly IN FRONT of the STORE!!! This LONG-STANDING COMMUNITY BUSINESS has built a strong reputation by combining traditional hardware retail with a wide range of specialty services that generate steady foot traffic and repeat clientele. The store is efficiently laid out with a FUNCTIONAL Retail Sales area, Storage room, A/C, and a 2-PIECE WASHROOM, allowing for smooth day-to-day operations. A major advantage of this opportunity is the LEASE RENTAL STRUCTURE (+ GST), with LEASE RATES LOCKED IN UNTIL 2030 WITH ONLY ONE SCHEDULED 3.3% INCREASE, providing predictable occupancy costs. There are 4 YEARS REMAINING ON THE CURRENT LEASE WITH AN ADDITIONAL 5-YEAR RENEWAL, offering long-term stability for the next owner. The business currently operates 9:00 AM – 6:00 PM MONDAY THROUGH SATURDAY AND 10:00 AM – 5:00 PM ON SUNDAYS, serving a LOYAL customer base throughout the surrounding Riverbend and Southeast Calgary communities. In ADDITION to hardware retail products, the business provides numerous IN-DEMAND services including key cutting, re-keying door locks and deadbolts, watch and FOB battery replacement, skate sharpening, tool sharpening, fishing and hunting license sales, UPS and FedEx access point services, tool rental, as well as paint tinting and shaking. These services create MULTIPLE REVENUE STREAMS and bring customers BACK REGULARLY! The business may be purchased TURN-KEY WITH TRAINED STAFF IN PLACE, allowing for a smooth transition and continued operations from day one. With PURCHASING THE EXISTING INVENTORY (INCLUDED in LIST PRICE!), making it easy for the next owner to step in and continue serving the established customer base. THIS IS AN EXCELLENT OPPORTUNITY FOR AN OWNER-OPERATOR OR ENTREPRENEUR TO ACQUIRE A PROFITABLE, SERVICE-ORIENTED RETAIL BUSINESS IN A PRIME COMMUNITY SHOPPING CENTRE LOCATION WITH A SECURE LONG-TERM LEASE! Book today!!!

Location

Province AB

County Calgary

Area Cal Zone Se

Zoning C-C2 f1.0h18

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Inclusions Please see the Supplements

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Roof Type Metal

Building

Lot Description City Lot, Landscaped, Level, Low Maintenance Landscape, Near Public Transit, Near Shopping Center, No Back Lane, Paved, Street Lighting

Foundation Poured Concrete

Structure Type Brick,Stucco,Wood Frame

Others

Restrictions Development Restriction,Landlord Approval,Lease Restriction

Ownership Private

Listed by RE/MAX House of Real Estate

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Dhruv Dilawri

Agent

+1(587) 899-6814

8338 18 ST SE #330 Calgary, AB T2C 4E4

Dhruv Dilawri

Key Details

Location

Interior

Exterior

Building

Others

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8338 18 ST SE #330