Business For Sale · Specialty

1301, 9650 Harvest Hills Boulevard N, Calgary

1301, 9650 Harvest Hills Boulevard N, Calgary, AB T3K0B3

$435,000 total

5,289 SF

Asset Class

Specialty

Size

5,289 SF

Building class

A

Zoning

US — Urban Services

$ / SF

$82

Occupancy

92%

Year Built

2016

About this property

Seize the rare opportunity to acquire a profitable, spacious, highly regarded, and fully equipped Korean restaurant with a loyal customer base for the last 10 years. Spanning a generous 3,088 square feet, this beautifully designed establishment is located on a high-visibility, high-traffic corridor with excellent foot traffic. The location is highly accessible, situated close to public transit and major roadways to ensure a steady stream of dine-in and takeout patrons.Property & Equipment Highlights:Size: 3,308 sq. ft. of optimized, professional dining and kitchen space.Capacity: Comfortably hosts 91 seated guests in a warm, welcoming, and casual dining environment—perfect for both large groups and intimate gatherings.Kitchen: A fully functional, high-capacity commercial kitchen featuring heavy-duty cooking equipment, a professional ventilation canopy, and walk-in refrigeration to handle high-volume service. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$435K
Down payment30% · $131K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$28K

Annual cash flow

$4K

Cash-on-cash

3.17%

DSCR

1.17

Going-in cap

6.49%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Cascade Foods Inc.4,871 SF2028-07

Area demographics

Trade area within 3 miles of the property.

Population

62,945

Households

23,115

Median income

$126,000

Median age

35.6

Daytime population

84,400

5-yr growth

4.7%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1301, 9650 Harvest Hills Boulevard N, Calgary.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.