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Status:
Active
Prop. Type:
Business
MLS® Num:
C8070388
Bus Major:
Food & Beverage
Build. Type:
Street-Level Storefront
60 SEAT FRANCHISE RESTAURANT WITH 10 SEAT PATIO ON HIGH TRAFFIC MAIN ST WITH AN ABSOLUTELY STUNNING DINING ROOM!! THIS RESTAURANT WAS RENOVATED FROM TOP TO BOTTOM 2 YEARS AGO WITH NO EXPENSE SPARED. THE SIZE OF THE SPACE IS 2,689 SQ FT WITH TOTAL RENT OF $22,500/MONTH INCLUDING TAXES AND 5 UNDERGROUND PARKING STALLS. ROYALTIES ARE 5% OF SALES PLUS THERE IS A TRANSFER FEE OF ONLY $7,000 PLUS GST. THE PATIO FEE FOR CITY OF VANCOUVER IS APROXIMATELY $3,024/YEAR. NDA required, staff is unaware of the sale. Showings are 8:30am.
Sale Type:
Asset
Ownership:
Leasehold
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
FRANCHISE RESTAURANT
Business Type:
Food & Beverage, Restaurant
Business Established Year:
2023
Construction:
Concrete
Building Type:
Street-Level Storefront
Year built:
1991 (Age: 34)
Living Area:
2,689 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Air Conditioning
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
800178181
Storefront
No
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by RE/MAX Crest Realty
Data was last updated June 28, 2025 at 06:40 PM (UTC)