Hospitality for Sale — South Castlegar, Castlegar, BC
$199,000
1810 8th Avenue Unit# 2, Castlegar, BC V1N2Y2
Property details
Structured details
- Structure type
- Other
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10380667
- Listed
- April 7, 2026
- Time on market
- 160 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
The Grand Buddha Bistro is one of Castlegar's most recognized dining destinations — and a compelling opportunity for the right Buyer. Built around a flavourful Southeast Asian menu, a full-service bar, and a dedicated bubble tea bar offering over 50 flavour combinations, The Buddha Bistro draws a local following while consistently welcoming travellers passing through the region. The location is a natural asset. Situated just off busy Columbia Avenue, the restaurant enjoys strong visibility and is surrounded by a dense mix of residential neighbourhoods and commercial activity. Perhaps most notably, 4 hotels are within a seven-minute walk — including one directly attached to the premises — presenting an immediate and largely untapped hospitality partnership opportunity. For a motivated owner-operator, the growth levers are clear: extend hours to capitalize on bar revenue, formalize hotel partnerships to capture a captive guest audience, and build on an already-established wholesale product line currently carried in a beloved local grocery store. The sellers have proactively invested in a new product and nutritional information labelling system — laying the groundwork for expanded retail distribution and positioning this revenue stream for meaningful growth under new ownership. The foundation is solid. The upside is real. Get in touch for more information! (id:63159)
Financing calculator
Estimate your monthly payment on the $199,000 asking price.
Financing details
- Monthly debt service
- $1,932
- Cash required at close
- $64,800
- 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 (Castlegar)
- Population
- 8,338(+3.7% since 2016)
- Population density
- 419.6/km²
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 16.5%
- Postsecondary below bachelor's
- 39.1%
- High school diploma
- 30.2%
- No certificate/diploma
- 14.3%
Population aged 15 and over.
Commute
- Car, truck or van
- 90.3%
- Public transit
- 1.8%
- Walked
- 5.1%
- Bicycle
- 0.5%
- Other
- 2.1%
Commute duration
- Under 15 min
- 48.8%
- 15–29 min
- 29.4%
- 30–44 min
- 14.1%
- 45–59 min
- 5.3%
- 60+ min
- 2.3%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Grand Buddha Bistro15m
- The Black Rooster · 651 18th Street156m
- The Bombi539m
- Red Fin Sushi & K-food · 1983 Columbia Avenue556m
- Boston Pizza578m
Cafes (2)
- Common Ground Cafe135m
- Starbucks165m
Grocery (2)
- Safeway182m
- No Frills686m
Shopping (1)
- Canadian Tire · 2000 Columbia Avenue678m
Pharmacies (2)
- Shoppers Drug Mart513m
- Shoppers Drug Mart · 117-1983 Columbia Ave620m
Banks & ATMs (3)
- CIBC118m
- BMO · 1990 Columbia Avenue595m
- Kootenay Savings Credit Union · 605 20th Street655m
Healthcare (1)
- Medical Clinic · 1840 8th Avenue96m
Nearby places data: © OpenStreetMap contributors.
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All in Castlegar →Frequently asked questions
What is the asking price for this business?
The asking price is $199,000.
Where is this business located?
This listing is located in Castlegar, 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.