128 2nd Avenue SE, CALGARY

2026-04-22

128 2nd Avenue SE, CALGARY, Alberta

1000 ft²
For sale or rent Business
$89,900

MLS®#A2303751

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)

Building Business
Rooms
Bedrooms
Bathrooms 0
Square Footage 1000 ft²
Built in 2017
Parking Type
Neighbourhood CALGARY

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How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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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.

Learn more about the 1% Deal
April
April Isaac

Associate

aprilonepercent@gmail.com

403-888-4003

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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
23 YRS EXPER, 1300+ SALES, NEGOTIATION EXPERT AND  BUYERS REPRESENTATIVE EXPERT, marketing savvy, people savvy. 100'S OF HAPPY CUSTOMERS, DOZENS UPON DOZENS OF REFERENCES, 100% DEDICATED SERVICE, SPECIALIZING IN SINGLE FAMILY HOMES, TOWNHOUSES, DUPLEX'S AND CONDOS. As well, I have a BUYER AGENT ACCREDITATION CERTIFICATE.  CALGARY IS AN AMAZING CITY, and as well all the...
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