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Bar/Tavern/Lounge for sale in Calgary

$399,000Lease $16,100 Monthly

About this property

Here is an excellent opportunity to acquire a beautifully designed, fully equipped restaurant and bar in one of Calgary's busy inner city dining and entertainment areas. This is a great looking space with a warm, inviting atmosphere, quality finishes and a layout that lends itself to a variety of different restaurant concepts. The restaurant features a comfortable dining room, an attractive bar area, a well equipped commercial kitchen and a covered patio that provides additional seating and a great setting for customers to enjoy. The space has been thoughtfully developed to create an atmosphere that works equally well for casual dining, date nights, cocktails with friends or special occasions. One of the real advantages of this opportunity is the flexibility of the space. There is also an area suitable for private dining and group functions, providing additional opportunities for special events, corporate gatherings and celebrations. The location benefits from a strong mix of surrounding residential density, established businesses, retail activity and a vibrant restaurant scene. This is the kind of area where people already come to dine, socialize and enjoy the neighbourhood. For an experienced restaurant operator, this is an opportunity to step into an existing hospitality space without having to start from scratch with a major construction and development project. Whether you want to continue with the current style of operation or introduce your own restaurant concept, the layout and existing infrastructure provide a great starting point, subject to any required approvals. If you've been looking for an attractive inner city restaurant with a great atmosphere, patio seating and room to develop your own ideas, this one deserves a closer look. This is a confidential business sale. The restaurant name, exact location and additional business information will only be provided to qualified buyers who have completed a confidentiality agreement. Please do not approach the staff or business directly.

Essential information

MLS® number
A2355942
Status
Active
Price
$399,000
Lease rate
$16,100 Monthly
Property type
Commercial
Type
Business
Transaction
For Lease
Restrictions
Landlord Approval
Building area
3,500 sq ft
Structure
Retail
Listing brokerage
CIR Realty
Source
Pillar 9™ MLS® System

Interior

Included
To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”

Parking

Total parking
19

Commercial

Business type
Bar/Tavern/Lounge, Food & Beverage, Restaurant

Community

City
Calgary
Province
AB

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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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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