Overview
Demographics
Annual Household Income: $105,000
Number of Households: 11,720
Median Age: 36.5
Total Population: 21,000
VPD: Centre Street – 89,000
Estimated Annual Spending on Restaurant & Retail: $16,000,000
Why lease commercial space in Chinatown?
Professionals and patrons of all ages regularly travel to Calgary’s Chinatown and Downtown Core using Centre Street, making this prominent corner an ideal location for any well operated restaurant.
The lower level provides a unique opportunity for a luxurious underground bar to share customers with the three tenants on the main floor.
The main floor can be demised into 2 or 3 units if needed and we can be flexible with the layout, as the building is currently shell space.
The space features:
- Main Floor: 1,037 sq.ft. available next to renowned Calgary-based Pho Pham Vietnamese restaurant
- Lower Level: up to ±3,000 sq.ft. with a Centre St. access and frontage – well-suited for a karaoke bar, speakeasy, etc.
Building highlights:
- High-Density Daytime Traffic: Surrounded by tens of thousands of daily workers in nearby office towers and the government Harry Hays building, as well as students, residents, and tourists who look to Chinatown for food every day, which is why I think a convenient takeout option like your Bento Boxes would have incredible sales.
- Exceptional Delivery Radius: This location offers exceptional delivery revenue, as Centre Street provides convenient access from the north to the centre of our Downtown core, expanding the Dosarik brand across Calgary.
- Unbeatable Visibility on Centre Street: Benefit from constant exposure on one of Calgary’s busiest corridors into downtown. There’s also tons traffic-driving events like the Chinatown Street Festival, Lunar New Year Gala, Xiang Long Festival, and many more during the summers.
- Affordable Alternative to Stephan’s Ave or 17th Avenue: They can capture downtown demand without the high rents or competition from Calgary’s other restaurant districts. Centre Street provides an incredible delivery radius throughout downtown that includes Stephen’s Ave / Banker’s Hall, East Village, Beltline and more.
Property owned and management by Certus Developments Inc.