MLS® C8078613

Restaurants for Sale — Surrey, BC

$349,900

101 15350 34 AVENUE, Surrey, BC V3S0T7

69
Walk Score
47
Transit
72
Bike
Walk Score® by Redfin
RestaurantsFor SaleTurnkeyOwner-Operator
Restaurant
Type
69
Walk Score
47
Transit
72
Bike
Walk Score® by Redfin

Listing Information

MLS®
C8078613
Listed
May 8, 2026
Time on market
129 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Established restaurant opportunity in the heart of South Surrey's vibrant Morgan Crossing area. Tap Restaurant is a well-known and beautifully built-out hospitality space offering approximately 2,805 sq.ft. across units 101, 102 & 103 with a stylish dining room, bar/lounge atmosphere and strong street presence. Situated in a high-traffic commercial hub surrounded by retail, offices and residential density, this location benefits from consistent local and destination clientele. Attractive lease in place with current term running until August 31, 2026. Current gross monthly rent is approximately $9,314.35 including estimated CAM and GST. Turnkey opportunity ideal for an owner-operator or experienced hospitality group looking to expand into one of Surrey's most desirable trade areas. Well-established location with existing infrastructure and quality improvements already in place. Confidential sale. Please do not approach staff directly. (id:63159)

Financing calculator

Estimate your monthly payment on the $349,900 asking price.

Financing details
Monthly debt service
$3,396
Cash required at close
$94,980
DSCR
Cash-on-cash return (yr 1)

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Location

Local market size (Surrey)

Population
568,322(+9.7% since 2016)
Population density
1,797.9/km²
Median household income
$98,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
26.5%
Postsecondary below bachelor's
25.3%
High school diploma
31.7%
No certificate/diploma
16.5%

Population aged 15 and over.

Commute

Car, truck or van
82.2%
Public transit
13.1%
Walked
2.7%
Bicycle
0.3%
Other
1.8%

Commute duration

Under 15 min
17.7%
15–29 min
32.8%
30–44 min
28.0%
45–59 min
10.7%
60+ min
10.9%

Employed labour force with a usual workplace.

Mother Tongue

English43.2%
Punjabi (Panjabi)22.7%
Mandarin5%
Tagalog (Pilipino, Filipino)3.3%
Hindi2.6%
Korean1.5%
Yue (Cantonese)1.4%
Spanish1.3%
Vietnamese1.2%
Arabic1.1%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Krishnas Curry and Crepes House · 15222 32 Avenue Diversion251m
  • The Keg · 15180 32 Avenue Diversion325m
  • Tap & Barrel473m
  • Cactus Club Cafe · 15079 32 Avenue520m
  • Banana Leaf Surrey · 3099 152 Street537m

Cafes (2)

  • Tim Hortons · 3077 152 Street627m
  • Starbucks · 3061 152 Street653m

Grocery (2)

  • Sungiven Foods · 3211 152 Street446m
  • Save-On-Foods · 3033 152 Street786m

Shopping (2)

  • Southpoint Exchange Shopping Centre648m
  • Canadian Tire782m

Parks (5+)

  • Rosemary Heights Park164m
  • Rosemary Heights Park313m
  • Rosemary Heights Park318m
  • Unnamed404m
  • Blumsen Park · 15473 34 Avenue431m

Gyms (2)

  • Drive 365 Fitness · 15272 Croydon Drive450m
  • CrossFit · 15292 Croydon Drive482m

Banks & ATMs (3)

  • RBC Royal Bank · 3099 152 Street541m
  • Unnamed652m
  • Envision Financial · 3061 152 Street662m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Northbound 152 St @ 34 Ave142m
Southbound 152 St @ 34 Ave146m
Northbound 152 St @ 32 Ave195m
Eastbound 32 Ave @ 152 St244m
Westbound 32 Ave @ 152 St280m
Southbound 152 St @ 32 Ave308m

Frequently asked questions

What is the asking price for this restaurant?

The asking price is $349,900.

Where is this business located?

This listing is located in Surrey, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.