Restaurants for Sale — Prince Rupert, BC
$985,000
844 W 3RD AVENUE, Prince Rupert, BC V8J1M6
Property details
Structured details
- Lot dimensions
- 0.11
Listing Information
- MLS®
- C8080489
- Listed
- July 16, 2026
- Time on market
- 60 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
PRICE REDUCED!! This well-established restaurant has been a successful Prince Rupert fixture for decades, with a strong reputation for excellent food and service. The 4,000 sq. ft. main level seats up to 110 guests, while the additional 4,000 sq. ft. lower level provides valuable space for shipping, receiving, and storage. The spacious, functional commercial kitchen is equipped for high-volume operations and features 600-amp three-phase electrical service, five coolers, and a newer A/C system. The property offers convenient lane access and ample parking. This rare opportunity includes both a proven restaurant business and the commercial building, making it an ideal option for an owner-operator or investor seeking a turnkey operation with a loyal customer base and decades of success. (id:63159)
Financing calculator
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Financing details
- Monthly debt service
- $9,561
- Cash required at close
- $222,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
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Location
Local market size (Prince Rupert)
- Population
- 12,300(+0.7% since 2016)
- Population density
- 186.4/km²
- Median household income
- $95,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 16.0%
- Postsecondary below bachelor's
- 27.9%
- High school diploma
- 33.6%
- No certificate/diploma
- 22.5%
Population aged 15 and over.
Commute
- Car, truck or van
- 85.7%
- Public transit
- 1.7%
- Walked
- 10.2%
- Bicycle
- 0.9%
- Other
- 1.6%
Commute duration
- Under 15 min
- 71.8%
- 15–29 min
- 23.2%
- 30–44 min
- 3.4%
- 45–59 min
- 0.4%
- 60+ min
- 1.2%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (5+)
- Galaxy Garden Restaurant9m
- P & p Steak & Pasta64m
- Unnamed154m
- Unnamed192m
- Lee & Ann Family Restaurant Canadian & Vietnamese Cuisine · 636 3rd Ave West235m
Cafes (3)
- Tim Hortons269m
- javadotcup · 516 3rd Avenue W370m
- Starbucks712m
Grocery (2)
- Save-On-Foods · 841 3rd Avenue West80m
- Safeway · 200 2nd Avenue West695m
Shopping (1)
- The Bargain! Shop518m
Parks (5+)
- Unnamed132m
- Roosevelt Park361m
- Service Park409m
- Peter James Lester Garden479m
- Rotary Waterfront Park488m
Gyms (1)
- The Gym386m
Pharmacies (3)
- Save-On-Foods Pharmacy72m
- Shoppers Drug Mart390m
- Safeway Pharmacy690m
Banks & ATMs (5+)
- CIBC390m
- TD398m
- Scotiabank511m
- BMO · 333 2nd Avenue West515m
- Northern Savings Credit Union753m
Healthcare (1)
- Prince Rupert Regional Hospital · 1305 Summit Avenue543m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this restaurant?
The asking price is $985,000.
Where is this business located?
This listing is located in Prince Rupert, 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.