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273 LONSDALE Avenue
Lower Lonsdale North Vancouver V7M 2E9

$367,800
Business

Main Photo: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 1: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 2: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 3: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 4: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 5: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 6: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Photo 7: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
Status:
Active
Prop. Type:
Business
MLS® Num:
C8066583
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Mixed Use
A recently built modern restaurant situated in North Vancouver's desired Lower Lonsdale, including a state-of-the-art kitchen and all new equipment, operating at around $1 million in sales per year, with a great chance of doubling that amount by expanding the hours and adding more seats (new application necessary). Licensed patio also accessible. This site has a high-capacity kitchen that can accommodate all its dine-in customers as well as customers using all channels, including Door Dash, Skip, and Uber. Completely remodeled dining and bar area, with furniture, the complete project cost around $1 million. With a monthly rent of $7,718 and over 2400 square feet of premium retail space (around 1750 square feet on main, and 650 sf storage), this lease has seven years left on it with a three-year renewal option. Social media, high traffic website, thousands of online followers and great customer reviews are all part of the sale package; IP included. NDA required, please do not approach staff or management.
Sale Type:
Asset
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Building Type:
Mixed Use
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
1,589 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
C1
Permitted Use:
Mixed Use
Roof:
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
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  • Photo 2: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
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  • Photo 7: 273 LONSDALE Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8066583
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Listed by RE/MAX Real Estate Services
Data was last updated February 12, 2025 at 07:10 AM (UTC)
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