Restaurants for Sale — Richmond, BC
$188,000
110 2188 NO.5 ROAD, Richmond, BC V6X2T1
Property details
Structured details
- Zoning
- 0
Listing Information
- MLS®
- C8081947
- Listed
- September 11, 2026
- Time on market
- 3 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Exceptional opportunity to acquire a well-equipped restaurant in Richmond's busy Bridgeport/No. 5 Road commercial and industrial district. Surrounded by offices, warehouses, automotive services, retailers and fitness facilities, the location benefits from strong daytime traffic from local employees, business owners and tradespeople, with convenient access to central Richmond and Vancouver via the Knight Street Bridge. Approximately 2,600'2,700 sq. ft., the premises feature a Type 1 commercial kitchen with an approx. 12-foot ventilation system, walk-in cooler, liquor licence, open bar, private VIP dining room and ample parking. Previously operated as an upscale private-dining concept, the space is well suited for a full-service restaurant, banquet/private dining, catering or central kitchen. The highly favourable lease rate is substantially below typical Richmond restaurant rents. An excellent opportunity for an experienced operator. Do not approach staff. Showing by appointment only. (id:63159)
Financing calculator
Estimate your monthly payment on the $188,000 asking price.
Financing details
- Monthly debt service
- $1,825
- Cash required at close
- $62,600
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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Location
Local market size (Richmond)
- Population
- 209,937(+5.9% since 2016)
- Population density
- 1,629.1/km²
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 36.8%
- Postsecondary below bachelor's
- 22.6%
- High school diploma
- 28.7%
- No certificate/diploma
- 11.9%
Population aged 15 and over.
Commute
- Car, truck or van
- 79.0%
- Public transit
- 13.1%
- Walked
- 5.0%
- Bicycle
- 1.2%
- Other
- 1.7%
Commute duration
- Under 15 min
- 24.5%
- 15–29 min
- 38.1%
- 30–44 min
- 24.1%
- 45–59 min
- 7.5%
- 60+ min
- 5.9%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $188,000.
Where is this business located?
This listing is located in Richmond, 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 15, 2026.