MLS® C8074751

Fast Food Restaurants for Sale — Vancouver, BC

$128,000

230 1055 W GEROGIA STREET, Vancouver, BC V6E3N9

Restaurant
Type
357 square feet
Floor area

Property details

Structured details

Zoning
COMM

Listing Information

MLS®
C8074751
Listed
December 29, 2025
Time on market
259 days
Data last synced
September 15, 2026
Source
CREA DDF®

Description

Own and operate a Mr Steak franchise in a bustling food court inside Royal Centre, one of downtown Vancouver's busiest commercial hubs. The location benefits from high daily foot traffic from office workers, shoppers, and visitors, and is near Burrard SkyTrain Station for easy access.Royal Centre is undergoing a multi-million-dollar renovation of its lobby and retail spaces to modernize the shopping and dining environment. Once completed, foot traffic and visibility will increase, providing an even stronger customer base. The unit is turnkey ready, ideal for fast-casual operations, takeout, and dine-in service. The menu features premium steaks and classic Western fast-casual dishes, appealing to customers seeking quick, high-quality meals. Improved internal pathways offer additional growth potential.This is an excellent opportunity to operate under the established Mr Steak brand in a prime downtown location. Don't miss this high-traffic, turnkey business with strong growth potential. (id:63159)

Financing calculator

Estimate your monthly payment on the $128,000 asking price.

Financing details
Monthly debt service
$1,242
Cash required at close
$50,600
DSCR
Cash-on-cash return (yr 1)

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Location

Local market size (Vancouver)

Population
662,248(+4.9% since 2016)
Population density
5,749.7/km²
Median household income
$82,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
44.9%
Postsecondary below bachelor's
21.4%
High school diploma
23.2%
No certificate/diploma
10.5%

Population aged 15 and over.

Commute

Car, truck or van
56.2%
Public transit
22.9%
Walked
13.1%
Bicycle
5.3%
Other
2.6%

Commute duration

Under 15 min
20.0%
15–29 min
40.1%
30–44 min
26.3%
45–59 min
7.9%
60+ min
5.6%

Employed labour force with a usual workplace.

Mother Tongue

English50.7%
Yue (Cantonese)11.8%
Mandarin6.4%
Tagalog (Pilipino, Filipino)2.9%
Spanish2.6%
Punjabi (Panjabi)2%
Vietnamese1.8%
French1.5%
Iranian Persian1.4%
Korean1.3%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Cloudstreet · 655 Burrard Street70m
  • Black & Blue · 1032 Alberni Street136m
  • Coast Restaurant · 1054 Alberni Street139m
  • Salam Bombay · 755 Burrard Street149m
  • Kobe · 1042 Alberni Street150m

Cafes (5+)

  • Tim Hortons · 1055 West Georgia Street60m
  • Starbucks · 655 Burrard Street65m
  • Cafe Club · 1018 West Georgia Street74m
  • Thierry · 1059 Alberni Street109m
  • 49th Parallel Café & Lucky's Doughnuts · 689 Thurlow Street144m

Grocery (5+)

  • Fujiya · 1050 West Pender Street229m
  • Urban Fare · 1133 Alberni Street237m
  • ABURI Market · 609 Granville Street384m
  • IGA · 909 Burrard Street427m
  • Urban Fare · 305 Bute Street443m

Shopping (5+)

  • Muji · 1125 Robson Street283m
  • Oomomo Japan Living · 1144 Robson Street335m
  • CF Pacific Centre · 701 West Georgia Street340m
  • Holt Renfrew · 737 Dunsmuir Street375m
  • Winners · 660 Granville Street412m

Parks (5+)

  • Art Phillips Park86m
  • Robson Square294m
  • Unnamed298m
  • Portal Park345m
  • Harbour Green Park545m

Gyms (5+)

  • Equinox · 1131 West Georgia Street192m
  • Barry's · 1035 West Pender Street280m
  • Fitness World · 1185 West Georgia Street317m
  • Studeo · 856 Hornby Street358m
  • Yyoga Downtown Flow · 888 Burrard Street362m

Pharmacies (5+)

  • Bentall Pharmacy136m
  • Shoppers Drug Mart · 748 Burrard Street212m
  • London Drugs · 1187 Robson Street367m
  • Shoppers Drug Mart · 1202 West Pender Street385m
  • London Drugs · 710 Granville Street425m

Banks & ATMs (5+)

  • RBC Royal Bank · 1025 West Georgia Street48m
  • Coast Capital Savings · 1075 West Georgia Street67m
  • CIBC · 1036 West Georgia Street73m
  • TD Canada Trust117m
  • Funk Coffee Bar - Bitcoin Well ATM · 1025 Dunsmuir Street136m

Healthcare (5+)

  • Downtown Vancouver Medical Clinic · 1102 West Pender Street244m
  • Staffan Rydin Transformational Coaching · 1055 West Hastings Street349m
  • Choice Medical Clinic · 817 West Hastings Street470m
  • Alberni Medical Clinic · 1318 Alberni Street580m
  • Rejuvenation Dermatology · 1055 Canada Place615m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Nearby transit

Westbound W Georgia St @ Burrard St43m
Westbound W Georgia St @ Burrard St57m
Burrard Station @ Bay 794m
Burrard Station @ Bay 1105m
Burrard Station @ Bay 2113m
Southbound Burrard St @ W Georgia St125m

Frequently asked questions

What is the asking price for this fast food restaurant?

The asking price is $128,000.

Where is this business located?

This listing is located in 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.