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Renanza Realty
For sale

Edmonton, Alberta

Edmonton, Alberta

MLS® 44770345

$2,300,000

Status
Active
Property type
Retail
MLS® number
44770345
Bedrooms
—
Bathrooms
—
Year built
2010

Listing description

Fully built-out Korean BBQ restaurant opportunity with real estate included in South Edmonton. Positioned just off Parsons Road and Ellerslie Road in a high-exposure commercial corridor with over 36,000 vehicles per day, with volumes that hold steady throughout the day rather than spiking at rush hour. The 2,600+ sq.

ft. space offers approximately 80 seats and the specialized infrastructure that typically takes 12 to 18 months and significant capital to replicate. Features include tabletop BBQ stations, dedicated exhaust and ventilation, a fully equipped commercial kitchen, finished dining room, complete front-of-house, and all chattels included in the sale.

The operation will require a rebrand, which is where an experienced operator gains the edge: a fully improved space at a fraction of buildout cost, without the permitting timeline or construction risk of starting fresh. Real estate ownership is included in the sale, giving the buyer control over occupancy cost and ownership of the underlying asset rather than a leasehold interest.

Property summary

MLS® number
44770345
Property type
Retail
Size
2,665 sq ft
Land size
338355.5234 square feet
Built in
2010
Days on market
157 days

What would this home cost you?

Based on the $2,300,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$10,702 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Bravo Realty, Calgary.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.