REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 89,900
Est. payment | /mo
1,000 SqFt
$ 89,900
Est. payment | /mo
1,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Price per Sqft $89
Subdivision Chinatown
MLS Listing ID A2303751
Year Built 2017
Property Sub-Type Retail
Property Description
An incredible opportunity to own a well-established Korean deep-fried chicken restaurant in the heart of Chinatown,just steps from the Bow River pathways and surrounded by downtown offices and vibrant hangout spots that attract steady foot traffic throughout the day and evening. This restaurant is located on a busy street and offers an efficient space with 23 permitted seats,a liquor license with two washrooms; making it ideal for both dine-in and takeout operations. Originally established in 2015 and successfully operated by the current owner since 2017,the business features designer's interior touches,and a well-equipped commercial kitchen,along with recent upgrades including a newer hot water heater tank and updated flooring. With ongoing revitalization efforts in Chinatown drawing renewed interest from both the city and the local community,this area is quickly gaining momentum as a popular destination with many trendy retailers and restaurants. This is a business asset sale,allowing you to continue the current concept or bring your own fresh vision to elevate it further. The replacement cost for a restaurant like this today is easily exceeding $200K,yet it is attractively priced at only $89,900,with a secure lease in place until 2030 under a supportive landlord. The lease includes base lease,operating costs,property tax,and GST. Showings are by appointment only,and please do not visit or approach staff without prior arrangement,as the business is currently in operation. Thank you.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Direction SE
Interior
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions Landlord Approval
Listed by MaxWell Capital Realty
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
Grace Logura
Viren is the Real Estate in Calgary, I would like to say he's very good person, he understood client, when making their choice on what they like or not, He's he's patient, and kind, if I know someone who went to buy house, i will recommend him.
keith mascarenhas
If you are looking for someone to help you with your real estate needs in Calgary look no further than Viren Vijayashankar. With his affable style and genuine care to meet your requiremnts he offers the best advice backed by years of fine tuned expertise. He helped us with some difficult remote decision making and look forward to working with him in the future.
Real Estate News & Resources
GET MORE INFORMATION
Search NW Communities