Retail for Sale — Terrace, BC
$745,000
4728 LAZELLE AVENUE, Terrace, BC V8G1T2
Property details
Structured details
- Lot dimensions
- 0.18
Listing Information
- MLS®
- C8074951
- Listed
- January 9, 2026
- Time on market
- 249 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Long term, centrally located hub restaurant is ready for someone new to take the reigns! Restaurant fully rebuilt from the studs in 2009, this popular eatery offers indoor seating across the south end of the building and one of Terrace's best situated patios for soaking up the summer time rays. Accessibility options are available via the ramp for handi-capable customers. An opportunity to purchase this established building, with great exposure, in the busy northern community of Terrace! (id:63159)
Financing calculator
Estimate your monthly payment on the $745,000 asking price.
Financing details
- Monthly debt service
- $7,231
- Cash required at close
- $174,000
- 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 (Terrace)
- Population
- 12,017(+3.2% since 2016)
- Population density
- 209.6/km²
- Median household income
- $90,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 20.1%
- Postsecondary below bachelor's
- 34.5%
- High school diploma
- 29.8%
- No certificate/diploma
- 15.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.5%
- Public transit
- 2.1%
- Walked
- 8.0%
- Bicycle
- 1.4%
- Other
- 1.0%
Commute duration
- Under 15 min
- 73.9%
- 15–29 min
- 13.5%
- 30–44 min
- 3.6%
- 45–59 min
- 3.1%
- 60+ min
- 5.7%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Mr Mikes · 4736 Lakelse Avenue100m
- Pizza Hut282m
- White Spot · 4620 Lakelse Avenue534m
- Ninja Sushi · 4605 Lakelse Avenue598m
- Shan Yan610m
Cafes (5+)
- Unnamed147m
- Tim Hortons · 4658 Lakelse Avenue328m
- Starbucks385m
- Starbucks451m
- The Fix Bikery and Cafe · 2910 Tetrault Street635m
Grocery (2)
- Save-On-Foods222m
- Safeway · 4655 Lakelse Avenue377m
Shopping (2)
- Skeena Mall · 4741 Lakelse Avenue193m
- Terrace Shopping Centre · 4647 Lakelse Avenue419m
Parks (4)
- Unnamed340m
- George Little Park557m
- Unnamed660m
- Memorial Park680m
Pharmacies (1)
- Shoppers Drug Mart · 4647 Lakelse Avenue433m
Banks & ATMs (5+)
- Northern Savings Credit Union257m
- BMO263m
- CIBC · 4717 Lakelse Avenue312m
- RBC Royal Bank · 4640 Lakelse Avenue412m
- TD · 4633 Lakelse Avenue462m
Healthcare (3)
- Terrace Foundry · 3219 Eby Street198m
- Emerson Medical Clinic552m
- Ksyen Regional Hospital · 2800 Tetrault Street678m
Nearby places data: © OpenStreetMap contributors.
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All in Terrace →Frequently asked questions
What is the asking price for this business?
The asking price is $745,000.
Where is this business located?
This listing is located in Terrace, 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.