MLS® 1002468

Grocery Stores for Sale — Cadboro Bay, Saanich, BC

$30,000

2564 Sinclair Rd, Saanich, BC V8N1B8

69
Walk Score
68
Transit
57
Bike
Walk Score® by Redfin
Retail and Wholesale
Type
69
Walk Score
68
Transit
57
Bike
Walk Score® by Redfin

Property details

Structured details

Ownership
Leasehold
Zoning
C-3
Annual property tax
$0

Listing Information

MLS®
1002468
Listed
July 8, 2025
Time on market
433 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

Well-established Asian grocery store located in a high-traffic area of CadoboroBay neighborhood is now for sale. Serving the local community for 8 years, this business has built a loyal customer base with a diverse selection of Asian groceries including fresh produce, dry goods, frozen foods, spices, snacks, and specialty items. Location: Prime spot with high foot traffic and ample parking Inventory: Fully stocked with popular items from China, Korea, Japan and more Customer Base: Strong repeat clientele from the local Asian community and food enthusiasts Equipment Included: Freezers, coolers, shelving, security cameras, etc. Staffing: Trained staff willing to stay (optional) Growth Potential: Add hot food, delivery, or eCommerce to boost revenue Sale Includes: Lease Fixtures, equipment, and current inventory Vendor/supplier contacts Assistance with transition, if needed Sent from my iPhone (id:63159)

Financing calculator

Estimate your monthly payment on the $30,000 asking price.

Financing details
Monthly debt service
$291
Cash required at close
$31,000
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 (Saanich)

Population
117,735(+3.1% since 2016)
Population density
1,136.5/km²
Median household income
$93,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
35.8%
Postsecondary below bachelor's
25.6%
High school diploma
28.2%
No certificate/diploma
10.4%

Population aged 15 and over.

Commute

Car, truck or van
77.2%
Public transit
8.8%
Walked
6.3%
Bicycle
5.1%
Other
2.7%

Commute duration

Under 15 min
32.7%
15–29 min
50.1%
30–44 min
12.8%
45–59 min
2.3%
60+ min
2.1%

Employed labour force with a usual workplace.

Mother Tongue

English76.1%
Mandarin3.5%
Yue (Cantonese)2.5%
Punjabi (Panjabi)2.3%
Tagalog (Pilipino, Filipino)1.2%
French1.1%
Spanish1.1%
German0.9%
Korean0.7%
Portuguese0.6%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (2)

  • Mutsuki-An Japanese Restaurant · 2560A Sinclair Road10m
  • Thai Lemongrass · 3838 Cadboro Bay Road59m

Cafes (3)

  • Jusu · 2560 Sinclair Road12m
  • Olive Olio's · 3840 Cadboro Bay Road80m
  • Moka House · 1849b Cadboro Bay Road131m

Grocery (1)

  • Pepper's Foods · 3829 Cadboro Bay Road95m

Parks (5+)

  • Maynard Park222m
  • Cadboro-Gyro Park331m
  • Unnamed391m
  • Goward Park582m
  • Unnamed593m

Pharmacies (1)

  • Heart Pharmacy · 3825 Cadboro Bay Road93m

Healthcare (1)

  • Amanda Weinerman Optometry Clinic163m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Frequently asked questions

What is the asking price for this grocery store?

The asking price is $30,000.

Where is this business located?

This listing is located in Saanich, 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.