MLS® C8081471

Business for Sale — Richmond, BC

$168,000

130 12420 NO. 1 ROAD, Richmond, BC V7E6N2

For SaleTurnkey
Restaurant
Type
865 square feet
Floor area

Property details

Structured details

Zoning
1

Listing Information

MLS®
C8081471
Listed
August 24, 2026
Time on market
21 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

*Showing by appointment only, do not disturb staff. * Asset for Sale ' Newly Renovated Restaurant Space in Richmond Fisherman's Wharf Rare opportunity to lease a newly renovated restaurant space in the heart of Richmond Fisherman's Wharf, a popular and high-traffic destination with strong customer flow and excellent exposure. The space features brand-new leasehold improvements, a fully equipped commercial kitchen, and an indoor washroom. Suitable for both dine-in and takeout, the existing setup provides a turnkey opportunity for a new operator with minimal renovation required. An ideal location for a variety of food-service concepts. Any change to the existing menu or business concept is subject to Strata approval. Excellent opportunity to establish a restaurant business in one of Richmond's busy waterfront destinations. Please contact the listing agent for more information today! (id:63159)

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Financing details
Monthly debt service
$1,631
Cash required at close
$58,600
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

English31.3%
Yue (Cantonese)21.5%
Mandarin21.1%
Tagalog (Pilipino, Filipino)3.7%
Punjabi (Panjabi)2.4%
Min Nan (Chaochow, Teochow, Fukien, Taiwanese)1.1%
Japanese1%
Spanish1%
Russian0.9%
Arabic0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • The Chef's Playground Eatery · 12420 Number 1 Road17m
  • Something Sweet · 12420 Number 1 Road17m
  • Oretachi Curry · 12420 Number 1 Road19m
  • John's Pan Pizza · 12420 Number 1 Road29m
  • Breakfast Table · 12480 Number 1 Road59m

Cafes (5+)

  • Rocanini Coffee Roasters · 3900 Moncton Street54m
  • Starbucks · 4011 Bayview Street80m
  • Blenz Coffee147m
  • Waves Coffee House168m
  • Village Books & Coffee House · 12031 1st Avenue208m

Grocery (3)

  • Koji Mini Mart · 12240 2nd Avenue239m
  • Super Grocer · 3651 Moncton Street246m
  • Save-On-Foods · 12088 3rd Avenue369m

Parks (5+)

  • Steveston Town Square Park180m
  • Steveston Community Park304m
  • Unnamed560m
  • McMath Neighbourhood School Park · 4251 Garry Street677m
  • Lord Byng Neighbourhood School Park · 3711 Georgia Street700m

Gyms (1)

  • True Conditioning163m

Pharmacies (4)

  • Pharmasave · 105 - 12420 Number 1 Road37m
  • Medicine Shoppe · 3993 Chatham Street208m
  • Steveston Pharmacy · 3811 Chatham Street266m
  • Save-On-Foods Pharmacy · 12088 3rd Avenue324m

Banks & ATMs (3)

  • RBC Royal Bank · 3740 Moncton Street161m
  • Coast Capital Savings164m
  • Scotiabank · 12088 3rd Avenue354m

Healthcare (2)

  • Empower Physiotherapy Clinic · Chatham Street235m
  • Steveston Medical · 3811 Chatham Street280m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Eastbound Moncton St @ No. 1 Rd54m
Northbound No. 1 Rd @ Moncton St95m
Westbound Moncton St @ Easthope Ave97m
Northbound No. 1 Rd @ Chatham St235m
Southbound No. 1 Rd @ Broadway St256m
Eastbound Moncton St @ 4300 Block265m

Frequently asked questions

What is the asking price for this business?

The asking price is $168,000.

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.