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#165, 246 Nolanridge Crescent NW, Calgary

$175,000Lease $3,495 Monthly

About this property

Location! Location! Location! Exceptional opportunity to own a highly visible corner-unit restaurant in the heart of the thriving Nolan Hill community, serving the surrounding areas of Sage Hill, Kincora, Glacier Ridge, Evanston, and Sherwood. This turnkey business is ideally positioned in a high-traffic retail location with excellent exposure and ample customer parking. The buyer has the flexibility to introduce their own restaurant concept, subject to landlord approval. Please note that a pizza concept is restricted. All equipment, fixtures, and furnishings are included, All equipment as good as new providing a seamless transition for the new owner. Benefit from low monthly rent and the opportunity to establish your business in one of Northwest Calgary's fastest-growing communities. Whether you are an experienced operator or an entrepreneur looking to be your own boss, this is an outstanding business opportunity that should not be missed. Contact your favorite REALTOR® today for more information and to arrange a private viewing. PLEASE DO NOT APPROACH STAFF, DISTURB OPERATIONS, OR VISIT THE BUSINESS WITHOUT A CONFIRMED APPOINTMENT. Rent $37.50 per square feet & Operating cost $14.00 per sq ft

Essential information

MLS® number
A2318264
Status
Active
Price
$175,000
Lease rate
$3,495 Monthly
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
Landlord Approval
Building area
1,118 sq ft
Year built
2023
Structure
Retail
Listing brokerage
First Place Realty
Source
Pillar 9™ MLS® System

Interior

Included
As per Schedule 'A

Commercial

Business type
Restaurant

Community

City
Calgary
Province
AB
Postal code
T3R 1W9

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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

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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On top of the rent

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Taken from the listing description. Please confirm it with the listing brokerage before you rely on it — what operating costs include varies by lease.

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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, 12:50 a.m. (Mountain Time).

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