1114 – Restaurant & Living Quarters Above – $1,499,000


This is a unique opportunity to purchase a restaurant with living quarters above – the land, free-standing building and business all in one package! The present concept of the restaurant is Italian but could be changed to anything a new owner wishes. It comes with a fully equipped restaurant and patio. The living space comes with built-in double garage; two bedrooms; spacious living room; open kitchen and full bathroom. Located within a short commuting distance from Calgary. The town is continually “on-the-grow” and there’s a huge demand for an ethnic restaurant such as Korean, Japanese, Vietnamese, East Indian etc. Bring your concept and your family and live above the store!
Sales: Gross sales: $250,000 per year
Size in sq. ft. 3,106 sq. ft. on two levels; restaurant and living quarters upstairs
No. of Seats: 65 in restaurant and 14 on patio
Number of parking stalls: Lots of parking in front of the restaurant
Financing: Treat as clear title
Style of cuisine: Casual dining; Italian cuisine
Customer Demographics: Residents and business people in town; visitors
Type of service: Table
Hours of operation:
Tuesday to Saturday 11:30 am – 2 pm for lunch
Tuesday to Sunday 5 pm – close for dinner; closed on Mondays
Number of employees: 1- 3 depending on the day
Leasing information:
There is no lease as the property (land and building are owned)
Property Taxes: $4,500 for 2021