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1058 – Iconic Free-Standing Pub/Restaurant – $189,900


This is a wonderful, well-known free-standing building in the heart of downtown Calgary. Great reputation and a centerpiece for folk festivals, Canada Day ceremonies, Stampede activities and Taste of Calgary. It could be re-branded to any concept a new owner desires. Fully equipped and ready to take on the energy of a new owner. One-of-a-kind facility and business!

Sales: Gross sales: $2M per year

Size in sq. ft. 4,750 sq. ft. on 2 levels

No. of Seats:  189 inside plus 250 on 3 patios

Number of parking stalls: First-come, first-served in area; lots of parking

Financing: Treat as clear title

Style of cuisine: Casual dining; western food

Customer Demographics: Wide range of ages; downtown business people; tourists; active people walking and biking along the river

Type of service: Table

Hours of operation:
11 am – 11 pm; 7 days a week

Number of employees: 25 – which increases to 50 in summer months

Leasing information:

Rate per sq. ft.  7% percentage rent
C.A.M. Included in above percentage rent
Lease Term:  Goes to December 31, 2020             Option periods: To be verified
Deposit held by Lessor:  Nil

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