OWN YOUR DREAM RESTAURANT IN PRIME LOCATION - MEDICINE HAT'S NORTHWEST CRESCENT HEIGHTS!

Asking Price: $135,000
70C 8 Street Nw Medicine Hat, AB Canada

About 70C 8 Street Nw:

Are you looking for a great investment opportunity in Medicine Hat, Alberta? Look no further than this fantastic restaurant for sale in the desirable Northwest Crescent Heights community.

This property boasts an impressive 1500 square feet of space, providing ample room for both customers and staff. The building itself was constructed in 1961 and has been well-maintained over the years. It also features visual exposure, ensuring that your business will be noticed by passersby and potential customers.

One of the best things about this property is its excellent location. Northwest Crescent Heights is a highly sought-after community in Medicine Hat, making it the perfect spot for a successful restaurant. The property is conveniently located near major roads and highways, ensuring that customers can easily find and access your business.

Another great feature of this property is its spacious parking lot, which boasts a total of ten parking spaces. This is a significant advantage as ample parking is often hard to come by in busy commercial areas. Your customers will appreciate the convenience of being able to park close to your restaurant, making it more likely that they will become repeat customers.

If you're worried about the price of property taxes, fear not. The annual property taxes on this property are reasonable, coming in at just $7,850 CAD per year. This is a great bonus for any potential buyer who is looking for a profitable investment without breaking the bank.

The property is zoned C-N, meaning that it is zoned for commercial use. This is perfect for a restaurant owner who wants to own and operate their own business in a prime location. Additionally, the lease type is net, which means that the tenant is responsible for paying a portion of the operating expenses of the property, such as taxes, insurance, and maintenance. This is an attractive option for anyone who wants to own a restaurant but doesn't want to be responsible for all of the upkeep of the property.

Finally, the property is located in a thriving business district, making it an excellent opportunity for anyone looking to establish themselves in the area. This is a highly desirable location for a restaurant, and there is a lot of potential for growth and expansion. The property is also located in close proximity to other businesses, which can be beneficial for cross-promotion and networking opportunities.

In conclusion, this restaurant for sale in Medicine Hat, Alberta, is a fantastic investment opportunity for anyone looking to own and operate their own successful restaurant in a prime location. With its spacious parking lot, excellent location, and reasonable property taxes, this property is sure to attract a lot of attention from potential buyers. Don't miss out on this chance to own a piece of prime commercial real estate in one of Alberta's most desirable communities.

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Features of Property

Type of Real Estate

Business

Square Footage

1500 sqft

Community Name

Northwest Crescent Heights

Subdivision Name

Northwest Crescent Heights

Land Size

Unknown

Year Built

1961

Annual Property Taxes

$7,850 (CAD)

Number of Parking Spaces

10

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Features of Building

Building Features
Features

Visual exposure

Square Footage

1500 sqft

Total Finished Area

1500 sqft

Exterior Features
Exterior Building Size

1500 sqft

Business
Business Type

Restaurant (Restaurant)

Parking
Number of Parking Spaces

10

Plot Details

Lot Features
Frontage

15.24 m

Land Depth

37.19 m

Other Property Information
Zoning Description

C-N

Lease Type

Net

Property Agent

JENNIFER BOYLE

MAXWELL NETWORK REALTY

419 North Railway St. SE, MEDICINE HAT, Alberta T1A2Z3

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