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Calgary Real Estate

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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

128 2nd Avenue, Calgary

Retail Property for Sale

128 2nd Avenue, Calgary, MLS® # A2303751

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 an underground parking stall, operating costs, 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.

Contact Elke Babiuk About MLS® A2303751

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Retail Property
  • MLS®#: A2303751
  • Year Built: 2017
  • Restrictions: Landlord Approval
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Community Information

  • Address: 128 2nd Avenue
  • Neighbourhood: Chinatown
  • City: Calgary
  • Postal Code: T2G 5J5
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interior

  • Included: N/A
  • Fireplace Details: For Lease
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$89,900

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Listing Courtesy of
MaxWell Capital Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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