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106, 117 Main Street, Chestermere

CHECH, Chestermere

$109,900Lease $5,300 Monthly

About this property

Great opportunity to own a turnkey, beautiful mexican restaurant in a lovely area in Chestermere. It's a 1,319 sq ft restaurant, fully built out and equipped with commercial kitchen ready to take over. This mexican restaurant has the exclusive right to operate (tenant exclusivity clause ) in Chestermere area, and it operates under an independent brand, so no franchise fees and greater flexibility for menu, pricing, products, marketing.... It is approved to sell mexican and latinamerican products, as a convenience store or grocery component, creating an additional income stream beyond restaurant sales. The monthly rent is $5,300 plus utilities. All equipment, fixtures, inventory, brand name....... are included in the sale. Google reviews 4.8. Please do not visit the location or contact staff without prior authorization. All inquiries and showings must go through the Listing Agent.

Essential information

MLS® number
A2339687
Status
Active
Price
$109,900
Lease rate
$5,300 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Landlord Approval
Building area
1,319 sq ft
Year built
2020
Structure
Retail
Listing brokerage
Diamond Realty & Associates Ltd
Source
Pillar 9™ MLS® System

Interior

Included
all included

Commercial

Business type
Food & Beverage, Restaurant

Community

Subdivision
CHECH
City
Chestermere
Province
AB
Postal code
T1X 1V2

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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