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523 Woodpark Boulevard SW, Calgary

$99,999

About this property

Well-established specialty European grocery and deli located in the desirable community of Woodbine, Calgary. Successfully operating for approximately 40 years, this business offers exceptional goodwill, a loyal customer base, and a strong reputation within the community. The store specializes in a wide range of Eastern European products including Russian, Ukrainian, and other European imports, making it a unique destination for both local residents and niche markets. The premises are well-equipped with a walk-in cooler, full deli setup, and an existing stove, providing a strong operational base for continued success. There is ample space for a new owner to renovate and expand into a small commercial kitchen, offering excellent potential for catering services, hot food programs, or an enhanced deli concept. A charming seasonal patio enhances the customer experience, currently serving specialty coffee and ice cream during the summer months—an additional revenue stream with room for further growth. Lease has just been renewed for a five (5) year term with an additional five (5) year option, providing long-term stability for a new operator. Landlord approval is required for assignment. Ideally suited for an owner-operator or young family, this is a rare opportunity to acquire a turnkey business with a long-standing history, strong community ties, and significant upside potential. High visibility location with consistent foot traffic and an established clientele base ensures continued success. Please do not approach the business or staff directly. All showings must be arranged by appointment through the listing agent. Financial information available upon request and signing NDA.

Essential information

MLS® number
A2296942
Status
Active
Price
$99,999
Lease rate
$22/sq ft/yr
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
None Known
Building area
1,185 sq ft
Year built
1999
Structure
Mixed Use
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Commercial

Business type
Candy/Cookie, Convenience Store, Deli/Catering, Food & Beverage, Gift Shop, Grocery, Ice Cream/Frozen Yogurt
Lease term remaining
5 months

Community

City
Calgary
Province
AB
Postal code
T2W 3N8

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

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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