Listed By:
RE/MAX House of Real Estate
Address
8338 18 Street Se # 330, Calgary, AB
Price
$ 383,000
Property Attributes
  • ID#A2287492
  • TypeCommercial
  • Listing Status Active
  • CityCalgary
  • AreaCAL Zone SE
  • NeighbourhoodRiverbend
  • Postal CodeT2C 4E4
  • StyleRetail
  • Year Built1996
  • Price$ 383,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Pillar 9 Technologies
Property Description

Here is an ESTABLISHED HARDWARE BUSINESS FOR SALE – Riverbend Centre 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!

Price History
3/7/2026 Listed $383,000

General Features

Heating Forced Air,Natural Gas
Cooling Central Air
Utilities Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Roof Metal
Zoning C-C2 f1.0h18
Restrictions Development Restriction,Landlord Approval,Lease Restriction
Year Built 1996
Building Name Riverbend Centre
Business Type Hardware
Business Name Riverbend Hardware & More LTD.
Unit Number 330
Property Subtype Retail
Transaction Type For Lease
Building Type Strip Mall
County Calgary
Property Type Commercial
Subdivision Name Riverbend
Construction Materials Brick,Stucco,Wood Frame
District CAL Zone SE
Commercial Amenities Parking-Extra,Yard Lights
Status Active
City Calgary
Structure Type Retail
Standard Status Active
Accessto Property Direct Access,Public,Strip Shopping Mall
Business YN Yes
Leasehold Rent $/Mo 5832.75

Interior Features

Below Grade Finished Area Unit Type SquareFeet
Building Area Total SF 1401.00
Building Area Total Metres 130.16
Main Level Areas SquareFeet

Exterior Features

Lot Features City Lot,Landscaped,Level,Low Maintenance Landscape,Near Public Transit,Near Shopping Center,No Back Lane,Paved,Street Lighting
Inclusions Please see the Supplements
Foundation Poured Concrete
Building Area Total 1401.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T2C 4E4

Price
AVG $380K
$380K
Year Built
AVG 1996
1996
Visits
AVG 322
322
Data Provided by Inside Real Estate®

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