MLS® C8079694

Restaurants for Sale — North Vancouver, BC

$188,000

1643 LONSDALE AVENUE, North Vancouver, BC V7M2J5

RestaurantsFor Sale
Restaurant
Type
1,679 square feet
Floor area
1958
Year built

Property details

Structured details

Zoning
C-1A
Utilities
Water, Natural Gas, Electricity, Telephone
Sewer
Storm sewer

From the listing remarks

Seats
34 seats
Rent (stated)
$7,000/mo
Years remaining on lease
2 years

Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.

Listing Information

MLS®
C8079694
Listed
June 17, 2026
Time on market
89 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Licensed 34 Seat Vietnamese Restaurant on High Traffic Central Lonsdale Ave in North Vancouver!! This Restaurant was renovated over 2 Years Ago . The total size of the space is 1,679.6 SQ FT which includes 872.1 SQ FT of Street Level Retail Plus 807.5 SQ FT Storage Space in the Basement. Rent is approximately $7,000/Month with approximately 2 Years left on the lease. Great Opportunity for another food concept with Landlord Approval. All showings by appointment. (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)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (North Vancouver)

Population
146,288(+5.6% since 2016)
Population density
848.1/km²
Median household income
$108,300

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
43.4%
Postsecondary below bachelor's
25.8%
High school diploma
23.2%
No certificate/diploma
7.6%

Population aged 15 and over.

Commute

Car, truck or van
74.5%
Public transit
11.8%
Walked
8.6%
Bicycle
2.3%
Other
2.8%

Commute duration

Under 15 min
28.7%
15–29 min
38.9%
30–44 min
21.1%
45–59 min
6.9%
60+ min
4.4%

Employed labour force with a usual workplace.

Mother Tongue

English66%
Iranian Persian8.2%
Mandarin2.2%
Spanish1.9%
Korean1.8%
Tagalog (Pilipino, Filipino)1.8%
French1.5%
Yue (Cantonese)1.5%
German1.2%
Russian0.7%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Rice and Noodle · 1661 Lonsdale Avenue23m
  • Shishlik Grill House · 1629 Lonsdale Avenue25m
  • Rosemary Rocksalt · 1669 Lonsdale Avenue32m
  • Eivan · 1615 Lonsdale Avenue51m
  • Akbar Joojeh82m

Cafes (5+)

  • Starbucks57m
  • JJ Bean · 125 East 17th Street83m
  • Tim Hortons152m
  • Blenz Coffee206m
  • Brazza Gelato & Coffee235m

Grocery (5+)

  • Loblaws City Market · 1650 Lonsdale Avenue67m
  • Rex Bakery · 141 West 16th Street140m
  • Pars International Foods · 143 West 16th Street145m
  • Kourosh Foods Market259m
  • Persia Foods418m

Shopping (1)

  • London Drugs · 2032 Lonsdale Avenue452m

Parks (5+)

  • Unnamed386m
  • Topo Park · 1545 Saint Andrews Avenue471m
  • Rey Sargent Park528m
  • Rodger Burnes Green542m
  • Wagg Creek Park580m

Gyms (3)

  • Fitness World · 118 East 13th Street399m
  • Club16 Trevor Linden Fitness · 1100 Lonsdale Avenue624m
  • Harry Jerome Community Recreation Centre655m

Pharmacies (5+)

  • Lonsdale Pharmacy · 1531 Lonsdale Avenue126m
  • Northmount Pharmacy · 165 East 15th Street328m
  • Shoppers Drug Mart · 1306 Lonsdale Avenue404m
  • London Drugs451m
  • Pharmasave · 152 East 13th Street462m

Banks & ATMs (5+)

  • Vancity · 1620 Lonsdale Avenue59m
  • CIBC60m
  • RBC131m
  • Instacoin ATM144m
  • BMO173m

Healthcare (5+)

  • WELL Health · 1616 Lonsdale Avenue72m
  • The Vein and Laser Clinic · 120 West 16th Street72m
  • Passport Health North Vancouver Travel Clinic · 1401 Lonsdale Avenue290m
  • Art of Lines MD by Dr. Naz · 138 E 13th St427m
  • Lions Gate Hospital · 231 East 15th Street488m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Southbound Lonsdale Ave @ W 17 St29m
Northbound Lonsdale Ave @ E 17 St101m
Northbound Lonsdale Ave @ E 15 St156m
Westbound W 15th St @ Lonsdale Ave186m
Eastbound E 15 St @ Lonsdale Ave218m
Southbound Lonsdale Ave @ W 15 St235m

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 North Vancouver, 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.