A rare opportunity is available to acquire an existing restaurant location in a well-established Greater Edmonton area market with an attractive monthly rent structure. This location may be ideal for an owner operator, expanding restaurant group, or buyer seeking a lower overhead entry point into an existing food service space.
The premises are already set up for restaurant use, offering a buyer the potential to reduce the time and expense normally associated with developing a new location. The space could suit a variety of quick service or fast casual food concepts, depending on the buyer’s business plan, operational requirements, and landlord approval.
A purchaser may have the option to continue with the current concept, subject to the required approvals and agreements, or use the existing infrastructure as a foundation for their own restaurant model. Any change to the business concept, use, assignment, or tenancy would require landlord approval, along with all applicable licensing and regulatory approvals.
List Price
$199,900
Lease Price
$15
Lease Unit
Sqft.
Lease Term
Annually
Property Type
Commercial
Type of Dwelling
Business
Transaction Type
Lease
Area
Sherwood Park
Sub-Area
Other
MLS® Number
A2332341
Listing Brokerage
CIR Realty
