115, 10960 42 Street Ne, Calgary
An exceptional opportunity to acquire a versatile commercial property featuring both restaurant and event-hosting capabilities, ideally situated in one of Northeast Calgary’s fastest-growing commercial corridors. The property is surrounded by a strong mix of established retail, commercial, and service-oriented businesses, with convenient access to major transportation routes including Stoney Trail, Métis Trail, and Deerfoot Trail. The main floor features a fully operational restaurant with a functional layout and equipped commercial kitchen, offering an excellent opportunity for an owner-operator or investor. The upper level includes a spacious banquet hall ideally suited for weddings, private functions, corporate events, and other large gatherings, creating significant potential for additional revenue streams. The combination of restaurant operations and event hosting under one roof provides flexibility and strong business potential for a wide range of buyers. An NDA included in the supplements is required to be signed prior to disclosing the precise location and detailed financial information. Contact us today for further information and to schedule a viewing! (id:1945)
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Property details for 115, 10960 42 Street Ne, Calgary
- Type
- Commercial
- Living Area
- 3,200 square feet
- Annual Taxes
- $12,735 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 115, 10960 42 Street Ne
Active Listings
258
Min Price
$99,000
Max Price
$4,100,000
Avg Price
$590,052
Days on Market
65
days
Sold Listings
88
Min Sold Price
$150,000
Max Sold Price
$3,500,000
Avg Sold Price
$584,841
Days until Sold
77
days
Neighbourhood Census Data
Calgary, Alberta
Population
5,511
Median Age
30.8
Median Income
$29,557
Dwelling Value
$450,439
Housing Tenure
Owners 86%
Renters 14%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 4.4
Pop. Density: 502.4/km²
Avg Shelter Cost: $1,960/mo
Owners with Mortgage: 93.2%
Owners Spending 30%+: 28.8%
Tenants Spending 30%+: 34.3%
English only: 88.3%
French only: 0.1%
English and French: 3%
Neither: 8.7%
Median Household Income: $96,640
Median Employment Income: $29,408
Price History
Listed
July 28, 2026
by PREP Realty
Current Price
$1,499,000
Type
Commercial
For Sale
Contact Agent Get in touch about 115, 10960 42 Street Ne, Calgary
Sumit Brar
PREP Realty
