Restaurants for Sale — Richmond, BC
$470,000
3711 BAYVIEW STREET, Richmond, BC V7E3B6
Property details
From the listing remarks
- Seats
- 80 seats
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Listing Information
- MLS®
- C8075598
- Listed
- January 28, 2026
- Time on market
- 230 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Super prime location in the heart of Steveston, Richmond, directly across from the waterfront and steps away from Steveston Fisherman's Wharf and the Fish Market, offering exceptionally high foot traffic and strong exposure from both locals and tourists. This is a rare opportunity to acquire a well-established and profitable restaurant, currently operating as a well-known ramen franchise, with flexibility to be converted to other restaurant concepts or brands. The space is well built with quality renovations and comes fully equipped with a commercial kitchen, full restaurant equipment, and a walk-in cooler. The restaurant offers approximately 80 seats indoors plus 34 patio seats and holds a valuable liquor license allowing operation until 1:00 AM most nights. The location benefits from heavy tourism flow, excellent visibility, and ample nearby parking with over 25 stalls available. Rent is $12,000 all-in with a favorable 5 + 5 year lease term. Turnkey opportunity Richmond's most desirable dining location. (id:63159)
Financing calculator
Estimate your monthly payment on the $470,000 asking price.
Financing details
- Monthly debt service
- $4,562
- Cash required at close
- $119,000
- 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 (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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- G-Men Ramen · 3711 Bayview Street32m
- Kun's Omakase Bar · 3500 Moncton Street50m
- Lavash Seaside Grill · 3800 Bayview Street66m
- Dave's Fish & Chips · 3460 Moncton Street71m
- Uncle · 3480 Moncton Street72m
Cafes (5+)
- Unnamed · 3531 Bayview Street18m
- Steveston Coffee Co.96m
- Waves Coffee House158m
- Blenz Coffee225m
- Village Books & Coffee House · 12031 1st Avenue235m
Grocery (3)
- Koji Mini Mart · 12240 2nd Avenue77m
- Save-On-Foods · 12088 3rd Avenue163m
- Super Grocer · 3651 Moncton Street168m
Parks (5+)
- Steveston Town Square Park182m
- Steveston Community Park588m
- Richmond Street Neighbourhood Park599m
- 5th Avenue Park651m
- Lord Byng Neighbourhood School Park · 3711 Georgia Street739m
Gyms (1)
- True Conditioning296m
Pharmacies (4)
- Save-On-Foods Pharmacy · 12088 3rd Avenue96m
- Steveston Pharmacy · 3811 Chatham Street282m
- Pharmasave · 105 - 12420 Number 1 Road309m
- Medicine Shoppe · 3993 Chatham Street349m
Banks & ATMs (3)
- Scotiabank · 12088 3rd Avenue104m
- RBC Royal Bank · 3740 Moncton Street169m
- Coast Capital Savings309m
Healthcare (2)
- Empower Physiotherapy Clinic · Chatham Street231m
- Steveston Medical · 3811 Chatham Street295m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Steveston Exchange @ Bay 1 | 213m | |
| Eastbound Chatham St @ 4th Ave | 235m | |
| Steveston Exchange @ Bay 2 | 238m | |
| Steveston Exchange @ Bay 3 | 240m | |
| Eastbound Chatham St @ 4th Ave | 241m | |
| Northbound No. 1 Rd @ Moncton St | 317m |
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $470,000.
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.