Property Details

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35, 3616 52 Avenue NW
Calgary (A2277090)

$180,000
1,440 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

This well-established restaurant has been successfully operating since 2004 and is ideally located in a high-traffic area. The property offers a spacious on-site parking lot and excellent access to public transportation and nearby schools. The surrounding area has developed into a vibrant mixed-use complex with new condominiums and office space, significantly increasing foot traffic and exposure and creating strong future growth potential. The business has demonstrated consistent revenue over the past several years, with additional upside potential through the introduction or expansion of take-out and delivery platforms to further increase sales. The restaurant is fully equipped with extensive upgrades, including a make-up air system, walk-in coolers and freezers, grease trap systems, and other key improvements. With the growing popularity of Korean cuisine and a highly accessible location near established Asian-Canadian communities, this is a rare opportunity in Calgary. The layout also allows for conversion to other cuisines, subject to landlord approval, and benefits from a low lease rate and professional property management.

Property details

Basic Info

MLS® #
A2277090
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Varsity
Price
$180,000
Sale/Lease:
For Lease
Size:
1,440 sq.ft.
Year Built:
2004 (22 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
see remarks

Business Info

Business Type:
Restaurant

Listing Info

Possession:
30 Days / Neg
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Grassroots Realty Group Ltd.
1-833-477-6687

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