Restaurants for Sale — Vancouver, BC
$3,380,000
6978 VICTORIA DRIVE, Vancouver, BC V5P3Y8
Property details
Structured details
- Zoning
- C2
- Annual property tax
- $22,623.7 (2025)
- Lot dimensions
- 3352
Listing Information
- MLS®
- C8073375
- Listed
- October 28, 2025
- Time on market
- 322 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
Exceptional opportunity to own a prime commercial property along bustling Victoria Drive! Located at 6978 Victoria Drive, Vancouver, this property sits on a 3,352 sq.ft. lot with approximately 2,021 sq.ft. of leasable space. Currently the building is tenanted with a well-maintained Chinese restaurant. There is a big potential to turnkey/own a restaurant or lease for exceptional income stream. The property offers excellent street exposure, steady vehicle and pedestrian traffic, and strong surrounding residential density. Ideal for an investor seeking stable rental income or an owner-occupier looking for a high-visibility location. A rare chance to acquire a freehold commercial property in one of East Vancouver's most vibrant commercial corridors. (id:63159)
Financing calculator
Estimate your monthly payment on the $3,380,000 asking price.
Financing details
- Monthly debt service
- $32,807
- Cash required at close
- $701,000
- 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 (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
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- The One BBQ Kitchen · 6978 Victoria Drive12m
- Karakoram Restaurant · 6990 Victoria Drive18m
- Indian Curry Corner · 6956 Victoria Drive23m
- The Clouds Vietnamese Cuisine · 6940 Victoria Drive36m
- Sushi Taku-en · 6967 Victoria Drive51m
Grocery (2)
- Golden Star Supermarket · 6414 Victoria Drive604m
- Chong Lee Market · 6399 Victoria Drive715m
Parks (3)
- Humm Park259m
- Gordon Park478m
- Fraserview Park591m
Pharmacies (2)
- MJ's Natural Pharmacy · 6689 Victoria Drive335m
- MJ's Natural Pharmacy · 6255 Victoria Drive733m
Banks & ATMs (1)
- RBC525m
Nearby places data: © OpenStreetMap contributors.
Nearby transit
| Northbound Victoria Dr @ E 54 Ave | 19m | |
| Victoria Dr @ 54th Avenue Loop | 80m | |
| Southbound Victoria Dr @ E 53 Ave | 107m | |
| Southbound Victoria Dr @ Argyle Dr | 111m | |
| Northbound Victoria Dr @ Upland Dr | 242m | |
| Southbound Victoria Dr @ E 51 Ave | 287m |
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $3,380,000.
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.