122 16 Avenue Ne, Calgary
Exceptional opportunity to acquire a well-established Asian restaurant in a prime central Calgary location along the busy 16 Avenue NW corridor, just minutes from the downtown core. This approximately 2,000 sq. ft. restaurant features a spacious and functional layout with a fully equipped commercial kitchen, attractive dining area, and excellent street exposure. Surrounded by established residential communities, retail businesses, offices, and major traffic routes, the location enjoys strong vehicle and pedestrian traffic throughout the day. The versatile space is suitable for a variety of Asian cuisines or can be adapted to other restaurant concepts, subject to landlord approval. An excellent turnkey opportunity for owner-operators or investors seeking a high-visibility location with outstanding growth potential. All showings are by appointment only. (id:1945)
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Property details for 122 16 Avenue Ne, Calgary
- Type
- Commercial
- Living Area
- 2,000 square feet
Nearby Listings Stat
Estimated price and comparable properties near 122 16 Avenue Ne
Active Listings
614
Min Price
$18
Max Price
$11,300,000
Avg Price
$764,618
Days on Market
81
days
Sold Listings
208
Min Sold Price
$125,000
Max Sold Price
$5,500,000
Avg Sold Price
$688,580
Days until Sold
83
days
Neighbourhood Census Data
Calgary, Alberta
Population
723
Median Age
38.6
Median Income
$34,880
Dwelling Value
$424,936
Housing Tenure
Owners 35%
Renters 63%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 3,028.9/km²
Avg Shelter Cost: $1,355/mo
Owners with Mortgage: 57.7%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 48.9%
English only: 86%
English and French: 7.7%
Neither: 6.3%
Median Household Income: $64,043
Median Employment Income: $44,544
Price History
Listed
August 9, 2026
by Grand Realty
Current Price
$119,900
Type
Commercial
For Sale