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135 whitefield Drive NE, Calgary

$259,000Lease $7,400 Monthly

About this property

This well-established neighborhood restaurant is renowned for its authentic Vietnamese cuisine and popular bubble tea selection. Spanning approximately 3,910 sq. ft. with seating for up to 140 guests, the restaurant has been a trusted dining destination in the Whitehorn community for more than 12 years under the same ownership. Ideally situated in a prominent corner unit within a busy neighborhood plaza, the location offers excellent visibility along 36 Street NE, ample customer parking, and is just minutes from the C-Train station. The business generates over $500,000 in annual gross sales, presenting an outstanding opportunity for a partner/family operation. The fully equipped commercial kitchen is thoughtfully designed for efficiency and includes a walk-in cooler, over 12 feet of canopy ventilation, grill tops, commercial stoves, and generous prep and workspace. Dedicated Bubble Tea station with more than enough storage in this restaurant. The dining area features a spacious main seating section, along with a secondary dining room complete with a licensed bar setup, making it ideal for private events, celebrations, and group gatherings. The current lease offers exceptional value, with rent of just $7,400 per month for a restaurant of this size and location. Continue operating the successful existing concept with training provided by the current owner, allowing for a seamless transition and immediate income potential. Alternatively, subject to landlord approval, bring your own restaurant concept to life and customize the space to match your culinary vision.

Essential information

MLS® number
A2334970
Status
Active
Price
$259,000
Lease rate
$7,400 Monthly
Property type
Commercial
Type
Retail
Transaction
For Lease
Restrictions
Landlord Approval
Building area
3,910 sq ft
Year built
1981
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Interior

Included
Seller to provide asset/equipment list

Community

City
Calgary
Province
AB
Postal code
T1Y5X1

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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The deal

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

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