138 3 Avenue SE, Calgary

$29,900

2,585Sq Ft
2025Built
136Days listed

21 photos

About this property

*** Price to sell *** Location, Location, and Location! Nestled in the heart of Calgary's vibrant Chinatown, this is a rare opportunity to acquire a fully operational and beautifully appointed restaurant in one of the city's most dynamic dining destinations. Offered at a price well below replacement cost, this business presents exceptional value for the right operator. Good lease(including a parking stall) is in place until Oct 31, 2033 with 5yrs option to renew. The premises feature thoughtfully designed huge kitchen, efficient layout spanning 2,585 sqft, serving up to 85 patrons with liquor license. Whether you're looking to capture the busy lunch crowd from nearby offices or create a memorable dining experience for families, friends, and food enthusiasts, this location offers tremendous potential. Strong demand for takeouts and deliveries from the surrounding high-density residential condos and apartments. Benefit from outstanding exposure with heavy pedestrian traffic and excellent accessibility near major roads, public transit, river pathways, and a variety of popular retailers and amenities. A true turnkey opportunity in a highly sought-after location. Book your private tour today!

Essential information

MLS® number: A2318128
Status: Active
Price: $29,900
Lease rate: $29/sq ft/yr
Property type: Commercial
Type: Retail
Transaction: For Lease
Restrictions: Landlord Approval
Building area: 2,585 sq ft
Year built: 2025
Structure: Retail
Listing brokerage: MaxWell Capital Realty
Source: Pillar 9™ MLS® System

Commercial

Business type: Restaurant

Community

City: Calgary
Province: AB
Postal code: T2G 0B7

Where it is

Loading map…

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.

SDE—

EBITDA—

Gross profit: —
Pre-tax profit as the books show it: —
Value at that multiple SDE × multiple: —
Asking price as a multiple of SDE: —
Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%: —

—

Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.

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.

Per month—

All in, per sq ft—

Base rent monthly: —
Operating costs monthly: —
Anything else monthly: —
Total each month before GST: —
Total each year: —
Base rent per year: —

—

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.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in restaurants and bars in Calgary reaches the market — often before it is advertised anywhere else.

✓

You are on the list.

You will hear the moment a new listing in restaurants and bars comes up.

Ask about this business

138 3 Avenue SE, Calgary

About this property

Essential information

Commercial

Community

Where it is

Business valuation calculator

Trading

Add-backs

The deal

What this space costs per month

The space

On top of the rent

Tell me when another one comes up

You are on the list.

Ask about this business

Question sent