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EXECUTIVE SUMMARY
Commercial space is a turnkey business Retail-Resturant- Events- Likely not a Bar. **Capacity:** Accommodates up to 160 guests, making it perfect for weddings, corporate events, and social gatherings. - **Interior:** Beautifully finished with hardwood floors, showcasing the pride of ownership and meticulous attention to detail. - **Liquor License:** Currently holds a valid liquor license, adding significant value and convenience for hosting events. - **Compliance:** The venue has undergone a comprehensive rehab with all necessary permits and has passed local inspections. **Business Assets:** Sale includes all business supplies and a book of business. **Additional Features:** - **Basement Storage:** Ample space for storing event supplies and equipment. - **Parking:** New asphalt parking lot, striped for convenience, providing ample parking space for guests. - **Property Size:** - **Safety:** Equipped with a complete fire suppression system for peace of mind. - **Restrooms:** Separate men's and women's bathrooms, each with 2 stalls. This venue is not just a property; it's a thriving business opportunity. Whether you're an experienced event planner or an entrepreneur looking to enter the industry. Will train.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$29,299
|
$9.57
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$29,299
|
$9.57
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $29,299 |
| Annual Per SF | $9.57 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $29,299 |
| Annual Per SF | $9.57 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,060 SF
Building Class
B
Year Built
1961
Price
$1,095,232 CAD
Price Per SF
$357.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.22 AC
Zoning
C - Commercail
Parking
40 Spaces (8.7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- T Mari
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| T Mari | Accommodation and Food Services | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $84,531 CAD (2024) | |
| Land Assessment | $33,367 CAD (2024) | Annual Taxes | $29,299 CAD ($9.57 CAD/SF) |
| Improvements Assessment | $51,163 CAD (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$33,367 CAD (2024)
Improvements Assessment
$51,163 CAD (2024)
Total Assessment
$84,531 CAD (2024)
Annual Taxes
$29,299 CAD ($9.57 CAD/SF)
Tax Year
2023
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2701 W 87th St
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