Address
128 2nd Avenue Se, Calgary, AB
Price
$ 89,900
Property Attributes
- ID#A2303751
- TypeCommercial
- Listing Status Active
- CityCalgary
- AreaCAL Zone CC
- NeighbourhoodChinatown
- Postal CodeT2G 5J5
- StyleRetail
- Year Built2017
- Price$ 89,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Pillar 9 Technologies
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.
| Price History | |
|---|---|
| 4/21/2026 | Listed $89,900 |
General Features
| Restrictions | Landlord Approval |
|---|---|
| Year Built | 2017 |
| Business Type | Restaurant |
| Property Subtype | Retail |
| Transaction Type | For Lease |
| Building Type | Retail |
| County | Calgary |
| Property Type | Commercial |
| Subdivision Name | Chinatown |
| District | CAL Zone CC |
| Status | Active |
| City | Calgary |
| Structure Type | Retail |
| Standard Status | Active |
| Business YN | Yes |
| Leasehold Rent $/Mo | 5595.00 |
Interior Features
| Below Grade Finished Area Unit Type | SquareFeet |
|---|---|
| Building Area Total SF | 1000.00 |
| Building Area Total Metres | 92.90 |
| Main Level Areas | SquareFeet |
Exterior Features
| Inclusions | N/A |
|---|---|
| Building Area Total | 1000.00 |
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 T2G 5J5
Price
Year Built
Visits
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.