Listing Details

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Data was last updated 2025-05-13 at 01:55:03 GMT

123 Restaurant Avenue   Calgary, Alberta

$249,900
MLS®: A2219933
Step into ownership with this warm, family-run Korean restaurant located in the heart of NW Calgary. Known for its cozy, casual atmosphere and authentic Korean dishes, this long-standing eatery offers a rare opportunity for the right buyer to take over a stable, turnkey operation in a thriving community. The restaurant is ideally positioned near a high school, university, major shopping mall, and several busy roads?ensuring consistent foot traffic and visibility. It?s also surrounded by well-established residential neighbourhoods and new development projects, adding even more potential for future growth. The 1,440 sq.ft. space features a practical layout with separate men?s and women?s washrooms, ample parking, and a fully equipped kitchen. The current lease has been renewed until January 2029, with very affordable rent at just $4,830/month (including operating costs and water). A major plus is the cooperative, supportive landlord, making business transitions smooth and straightforward. While the restaurant currently operates on limited hours, there?s significant opportunity to increase revenue by extending service times or adjusting the menu. The concept can be changed (with landlord approval), though specific exclusions include fried chicken, Vietnamese cuisine, pizza, and bubble tea. All equipment is included. This business has proven itself through economic ups and downs, and continues to show strong, steady sales. Whether you're a seasoned restaurateur or looking to break into the industry, this is a fantastic chance to own a beloved local business with low overhead, a loyal customer base, and plenty of room to grow. Please do not disturb staff. Showings by appointment only.

Step into ownership with this warm, family-run Korean restaurant located in the heart of NW Calgary. Known for its cozy, casual atmosphere and authentic Korean dishes, this long-standing eatery offers a rare opportunity for the right buyer to take over a stable, turnkey operation in a thriving community. The restaurant is ideally positioned near a high school, university, major shopping mall, and several busy roads?ensuring consistent foot traffic and visibility. It?s also surrounded by well-established residential neighbourhoods and new development projects, adding even more potential for future growth. The 1,440 sq.ft. space features a practical layout with separate men?s and women?s washrooms, ample parking, and a fully equipped kitchen. The current lease has been renewed until January 2029, with very affordable rent at just $4,830/month (including operating costs and water). A major plus is the cooperative, supportive landlord, making business transitions smooth and straightforward. While the restaurant currently operates on limited hours, there?s significant opportunity to increase revenue by extending service times or adjusting the menu. The concept can be changed (with landlord approval), though specific exclusions include fried chicken, Vietnamese cuisine, pizza, and bubble tea. All equipment is included. This business has proven itself through economic ups and downs, and continues to show strong, steady sales. Whether you're a seasoned restaurateur or looking to break into the industry, this is a fantastic chance to own a beloved local business with low overhead, a loyal customer base, and plenty of room to grow. Please do not disturb staff. Showings by appointment only.

Listing Information

Prop. Type:
Business (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Brentwood
Area:
Calgary
Province:
Alberta
MLS® Number:
A2219933
Listing Price:
$249,900

General Information

Year Built:
1975

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This property is listed by Royal Lepage Mission Real Estate and provided here courtesy of Jim Beatty. For more information or to schedule a viewing please contact Jim Beatty.
Jim Beatty
Remax Landan Real Estate
Phone: 403-607-5801
Mobile Phone: 403-607-5801
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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JIM BEATTY 

RE/MAX Landan Real Estate 
#102, 279 Midpark Way SE
Calgary, Alberta T2X 1M2