50 Street Nw, Edmonton
Confidential restaurant asset sale with lease takeover. Business name and exact location will be disclosed only after execution of an NDA. This offering is for the restaurant assets and leasehold improvements only; financial statements are not being provided.An excellent opportunity for an owner-operator, chef, experienced restaurateur or entrepreneur seeking a fully built-out food-service space without the substantial cost and time required to start from scratch. The approximately 1,088 sq. ft. main-floor premises are configured for fast-food, donair and Mediterranean restaurant use and include a functional service counter, commercial kitchen, food-preparation areas and seating for approximately 16 guests.The extensive equipment package includes a commercial oven, refrigerator, freezer, three vertical gyro machines, separate donair preparation stations, warmer, commercial grill, two deep fryers, commercial gas stove, three-door beverage cooler, four digital menu screens and additional restaurant equipment.The existing lease runs until February 28, 2031, and includes common parking. The purchaser may introduce their own name, menu and concept.Ideal for continuing a fast-food restaurant or shawarma, donair or other concepts, or launching another approved fast-food operation, or starting your own franchise. Lease details will be provided to qualified purchasers after the NDA is completed. (id:1945)
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Property details for 50 Street Nw, Edmonton
- Type
- Commercial
Nearby Listings Stat
Estimated price and comparable properties near 50 Street Nw
Active Listings
305
Min Price
$62,000
Max Price
$4,999,000
Avg Price
$461,260
Days on Market
72
days
Sold Listings
125
Min Sold Price
$74,990
Max Sold Price
$999,000
Avg Sold Price
$352,093
Days until Sold
54
days
Neighbourhood Census Data
Edmonton, Alberta
Population
541
Median Age
40.9
Median Income
$39,936
Dwelling Value
$349,240
Housing Tenure
Owners 80%
Renters 23%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.8
Pop. Density: 655.4/km²
Avg Shelter Cost: $1,094/mo
Owners with Mortgage: 43.8%
Owners Spending 30%+: 25%
Tenants Spending 30%+: 44.4%
English only: 88%
French only: 0.9%
English and French: 7.4%
Neither: 3.7%
Median Household Income: $81,664
Median Employment Income: $42,624
Price History
Listed
September 24, 2026
by eXp Realty
Current Price
$80,000
Type
Commercial
For Sale