Bring Your Own Concept Opportunity In Magrath Heights For Sale

Description

Prime Restaurant Opportunity in Prestigious Magrath Heights - Bring Your Own ConceptA rare opportunity to acquire a fully built-out restaurant space located in the highly sought-after Magrath Heights community of Southwest Edmonton. This turnkey location is ideally suited for entrepreneurs and restaurateurs seeking to launch their own concept without the substantial costs, time, and challenges associated with a new build.The premises feature a fully equipped commercial kitchen, dining area, and extensive leasehold improvements, providing an efficient transition into operations. A recent appraisal completed by a certified appraiser valued the assets at $429,000, including approximately $138,000 in equipment value and $291,000 in leasehold improvements.Situated in one of Edmonton’s most affluent and fastest-growing communities, the location benefits from strong demographics, high household incomes, excellent visibility, nearby schools, parks, retail amenities, and convenient access to major transportation routes. The surrounding residential area continues to expand, creating significant potential for a wide range of restaurant and food-service concepts.This is an excellent opportunity for an operator seeking a premium restaurant location with substantial existing infrastructure and the flexibility to introduce a unique concept.