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MLS® C8082506New
Transportation and Warehousing Businesses for Sale — Connaught Heights, New Westminster, BC
$98,000
822 20TH STREET, New Westminster BC V3M 4W8, New Westminster, BC V3M 4W8
Listing brokerage: RE/MAX City Realty
Other
Type
995 square feet
Building area
CA
Zoning
Property details
Structured details
- Structure type
- See Remarks
- Parcel ID (PID)
- 800189579
Space
- Available area
- 995 sq ft
- Storeys
- 1
Legal
- Ownership
- Other
Listing Information
- MLS®
- C8082506
- Listing brokerage
- RE/MAX City Realty
Description
Excellent opportunity to take over a well-established Vietnamese restaurant with approximately 20 years of operating history! The owner is ready to retire, creating a great opportunity for the next operator to continue the existing concept or bring in a new vision. This approximately 995 SF, 40-seat restaurant features a long Type 1 commercial hood and an efficient kitchen and dining setup. Ideally located in a convenient neighbourhood plaza with ample customer parking, surrounded by a large residential population and close to 22nd Street SkyTrain Station. High-exposure corner location along the busy 20th Street corridor, strategically positioned at the New Westminster and Burnaby border with convenient access to both communities. A strong location for dine-in, takeout and delivery business. Business sale only. Please do not approach staff or owner directly. Contact the listing agent for further information and private viewing.
This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assume no responsibility for its accuracy.
Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.
MLS® C8082506
From the listing remarks
- Years in operation
- 20 years
Stated by the listing brokerage in the remarks; not verified. Hover a value to see the exact sentence it came from.
Financing calculator
Estimate your monthly payment on the $98,000 asking price.
Financing details
- Monthly debt service
- $951
- Cash required at close
- $44,600
- 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 (New Westminster)
- Population
- 78,916(+11.2% since 2016)
- Population density
- 5,052.2/km²
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 35.1%
- Postsecondary below bachelor's
- 28.2%
- High school diploma
- 26.4%
- No certificate/diploma
- 10.4%
Population aged 15 and over.
Commute
- Car, truck or van
- 68.3%
- Public transit
- 22.5%
- Walked
- 6.3%
- Bicycle
- 0.9%
- Other
- 2.0%
Commute duration
- Under 15 min
- 16.7%
- 15–29 min
- 33.3%
- 30–44 min
- 28.6%
- 45–59 min
- 12.8%
- 60+ min
- 8.5%
Employed labour force with a usual workplace.
Mother Tongue
Nearby transit
| Westbound 8th Ave @ 20 St | 114m | |
| Eastbound 8th Ave @ 20 St | 146m | |
| Eastbound 8th Ave @ 21 St | 172m | |
| Westbound 8th Ave @ 19 St | 245m | |
| Eastbound 8th Ave @ 19 St | 306m | |
| Eastbound 8th Ave @ 22 St | 323m |
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Frequently asked questions
What is the asking price for this transportation and warehousing businesse?
The asking price is $98,000.
Where is this business located?
This listing is located in New Westminster, British Columbia.
How current is this listing?
This listing comes from the MLS® Reciprocity data of the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and Greater Vancouver REALTORS® and is refreshed at least daily.
