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$ 249,000
1,407 SqFt
$ 249,000
1,407 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Rent
Square Footage 1,407 sqft
Subdivision Downtown West End
MLS® Listing ID A2276583
Year Built 1965
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. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Central heating, Other,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Acceptable Financing Monthly
Listing Terms Monthly
Listed by CIR Realty