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328 Centre Street S, Calgary

$159,900Lease $5,430 Monthly

About this property

Prime opportunity to own a well-equipped Chinese restaurant located in the heart of downtown Calgary. This 1,550 sq. ft. space features 52 seats and is situated in a high-traffic area with excellent visibility and plenty of pedestrian activity. The restaurant boasts a full commercial kitchen with nearly new equipment, offering a turnkey solution for a new owner. It also provides the flexibility to convert into other cuisines, such as Korean, Vietnamese, Italian, or Mexican, subject to the landlord's approval.

Essential information

MLS® number
A2191900
Status
Active
Price
$159,900
Lease rate
$5,430 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Call Lister
Building area
1,550 sq ft
Year built
1978
Structure
Retail
Listing brokerage
Grand Realty
Source
Pillar 9™ MLS® System

Commercial

Business type
Food & Beverage, Restaurant

Community

City
Calgary
Province
AB
Postal code
T2G 4X6

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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What this space costs per month

Commercial rent is quoted per square foot per year. This turns it into the cheque you actually write — and adds the operating costs, which are quoted separately and routinely add a third again.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The space

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An estimate from the figures above, not a quote and not financial advice. Confirm the rent, the operating costs and what is included with the listing brokerage before you rely on any of it — GST, utilities and tenant improvements are not in here. Nothing typed is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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