$383,000
( $273.38Per Sq Foot )
 $2,056 est/mo Sourced by Back At You

8338 18 Street Southeast,Calgary, AB T2C4E4

Calgary, AB T2C4E4

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Description

Here is an ESTABLISHED HARDWARE BUSINESS FOR SALE - Riverbend CentreTURN-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 OP PORTUNITY 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! (id:13843)

Details

MLS #A2287492
Listing TypeFor Sale
StyleRetail
StatusActive
Year1996
Days On Site199
Listing Provided ByRE/MAX House of Real Estate | Simon D. Hunt

Features

SQ Feet1,401
ZoningC-C2 f1.0h18

Exterior

Lot FeaturesLevel

Area Information

ProvinceAB
CityCalgary
Postal CodeT2C4E4
Community NameRiverbend
Listing VS Median (in Riverbend)
Price:
$383,000
low | high
Med:
$674,500
26.109660574413% of Average
sqft:
1,401
low | high
Med:
1,967
9.60028551035% of Average
$ / sqft:
$273
low | high
Med:
$349
22.512550664474% of Average
On site:
199
low | high
Med:
34.5
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityCalgary
Postal CodeT2C4E4
Community NameRiverbend
Listing VS Median (in Riverbend)
Price:
$383,000
low | high
Med:
$674,500
26.109660574413% of Average
sqft:
1,401
low | high
Med:
1,967
9.60028551035% of Average
$ / sqft:
$273
low | high
Med:
$349
22.512550664474% of Average
On site:
199
low | high
Med:
34.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $287K - $478K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
40 River Valley Crescent SE Property Photo 1
$549,900
40 River Valley Crescent Se
Calgary, AB T2C3J8
Listing Updated: July 17, 2026 at 12:37:48 PM PDT