Commercial Real Estate in BC

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$198,800
Business, Retail

Status:
Active
Prop. Type:
Business, Retail
MLS® Num:
C8078160
Bus Major:
Food & Beverage
Build. Type:
Street-Level Storefront
Rare opportunity to acquire a beautifully renovated Vancouver West THAI CUISINE restaurant with BRAND NEW EQUIPMENT and LIQUOR LICENSE, ample customer parking, and a secure lease (3 years remaining + 5-year option). Features premium decoration with Thai theme finishing and an efficient layout for dine-in and takeout. Turn-key operation with a fully equipped commercial kitchen. Highly rated with 4.8 stars and 600+ Google reviews, offering a strong brand presence and loyal customer base. Low rent and no demolition clause provide exceptional long-term stability, while the liquor license adds immediate revenue potential. It is easily operable with minimum staffing (1 kitchen assistant and 1 waitress) . 700 sf with full kitchen and 25seating. Located on W 16th Avenue, close to the Dunbar intersection, in a high-traffic area. Near Lord Byng Secondary, Queen Elizabeth Elementary School, UBC and surrounded by many residential areas. Absolutely a proven, low-risk restaurant opportunity in a prime location.
Sale Type:
Asset
Ownership:
Other
Property Type:
Business, Retail
Commercial Type:
Food & Beverage
Business Name:
SIP SONG
Business Type:
Food & Beverage, Restaurant
Construction:
Frame Wood
Building Type:
Street-Level Storefront
Living Area:
700 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Air Conditioning
Electricity:
Yes
Services Connected:
Electricity Connected, Garbage Collection, Phone Connected
Sewer:
Public Sewer, Sanitary Sewer
Parcel Number:
800152479
Taxes:
$18,123.4 / 2025
Storefront, Washrooms Female/Male
No
Cooler, Freezer
Security System
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 Interlink Realty
Data was last updated April 24, 2026 at 01:40 AM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.