128 2nd Avenue SE, CALGARY

2026-04-22
 

Quick Summary

Location
128 2nd Avenue SE, CALGARY, Alberta T2G5J5
Price
$89,900 CAD
Status:
For sale or rent
Property Type:
Business
Area:
1000 sqft
Year of Construction:
2017

MLS®#A2303751

Property Description

An incredible opportunity to own a well-established Korean deep-fried chicken restaurant in the heart of Chinatown, just steps from the Bow River pathways and surrounded by downtown offices and vibrant hangout spots that attract steady foot traffic throughout the day and evening. This restaurant is located on a busy street and offers an efficient space with 23 permitted seats, a liquor license with two washrooms; making it ideal for both dine-in and takeout operations. Originally established in 2015 and successfully operated by the current owner since 2017, the business features designer's interior touches, and a well-equipped commercial kitchen, along with recent upgrades including a newer hot water heater tank and updated flooring. With ongoing revitalization efforts in Chinatown drawing renewed interest from both the city and the local community, this area is quickly gaining momentum as a popular destination with many trendy retailers and restaurants. This is a business asset sale, allowing you to continue the current concept or bring your own fresh vision to elevate it further. The replacement cost for a restaurant like this today is easily exceeding $200K, yet it is attractively priced at only $89,900, with a secure lease in place until 2030 under a supportive landlord. The lease includes base lease, operating costs, property tax, and GST. Showings are by appointment only, and please do not visit or approach staff without prior arrangement, as the business is currently in operation. Thank you. (id:32467)

Property Features

Building

  • Fireplace: No
  • Interior Size: 1000 sqft
  • Building Type: Retail

Land

  • Land Size: Unknown

Information entered by MaxWell Capital Realty
Listing information last updated on: 2026-05-12 17:28:30


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


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April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

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587-830-2405
Email:
anna.madden05@gmail.com
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Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

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Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane

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