This has been an iconic restaurant in Calgary for decades. Known for its steak and prime rib. It comes fully equipped with tables, chairs, full kitchen with complete refrigeration and cooking line. Utilities are included in the rent. A new Tenant can bring their own concept and it’s ready to go! Excellent traffic exposure from Macleod Trail. Lots of parking around the building.
Essential information
MLS® number
A2298218
Status
Active
Price
$26,497
Lease rate
$35/sq ft/yr (listed as “Monthly”)
Property type
Commercial
Type
Mixed Use
Transaction
For Lease
Restrictions
None Known
Building area
9,022 sq ft
Year built
1973
Structure
Mixed Use
Listing brokerage
MaxWell Capital Realty
Source
Pillar 9™ MLS® System
Interior
Included
All furniture, fixtures and equipment included for use by the Tenant. Utilities also included in rent.
Parking
Total parking
140
Community
City
Calgary
Province
AB
Postal code
T2H 0L3
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.
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21 photos$29,900138 3 Avenue SE, Calgary
