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Carter Francis

real.cfrancis@gmail.com +1(403) 795-5361

$ 249,000

1,407 SqFt

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$ 249,000

Save

1,407 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Rent

Square Footage 1,407 sqft

MLS Listing ID A2302438

Year Built 1965

Property Sub-Type Business

Property Description

Fantastic opportunity to own a Korean/Japanese–style restaurant in the heart of Downtown! Formerly providing Japanese meal services to Air Canada,this well-established restaurant is ideally located in a high-traffic area with excellent visibility and strong foot traffic. The space has been thoughtfully renovated and is fully equipped for continued success. Offering over 40 seats within approximately 1,400 sq. ft.,the restaurant features a recently installed make-up air system along with significant upgrades throughout the kitchen,dining area,and interior finishes. The kitchen is well laid out with newer equipment,including separate walk-in cooler and freezer divided by a wall,two separate exhaust hoods (8 ft and 4 ft),and dual burners,among other valuable improvements. A new 5-year lease is in place starting July 1,2024,with two additional 5-year renewal options. Monthly rent is only $4,124.75 and includes operating costs and all utilities,offering excellent value. The landlord is experienced,cooperative,and easy to work with. With current operating hours being limited,there is significant upside potential for increased sales by extending hours or expanding services. This is a turnkey opportunity in a prime downtown location. Please do not disturb employees.

Location

State AB

County Cal Zone Cc

Area Cal Zone Cc

Zoning CM

Interior

Heating Central, Make-up Air, Exhaust Fan, Natural Gas

Cooling Central Air

Inclusions Equipment List

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Water Access Desc Public

Roof Type Membrane

Garage No

Building

Lot Description Back Lane, Near Public Transit, Street Lighting

Dwelling Type Mixed Use

Foundation Poured Concrete

Sewer Public Sewer

Water Public

Others

Restrictions Landlord Approval,Lease Restriction

Listed by CIR Realty

Choosing us means partnering with a team that is committed to achieving your real estate goals with professionalism, integrity, and a personal touch.

+1(403) 795-5361

real.cfrancis@gmail.com

2206 10 Ave. South,, Lethbridge, Alberta, T1k 0c2, CAN

Calgary, AB