Restaurant Space for Sale in Vancouver

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Main Photo:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 1:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 2:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 3:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 4:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 5:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 6:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 7:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 8:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 9:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 10:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 11:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 12:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 13:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 14:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 15:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 16:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 17:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 18:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 19:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Photo 20:  in Vancouver: Victoria VE Commercial Sale for sale (Vancouver East)  : MLS®# C8059986
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8059986
Build. Type:
Low Rise (2-4 storeys)
The residual revenues in the mixed-use dwelling contains two 2 bedrooms condo suites on the upper floor and a fully established restaurant business on the main level. The two condo suites upstairs offers 2 bedrooms and 1 full bathroom each. Each one is well over 1000 square feet and generates excellent rental income. On the ground floor, the family based restaurant is about 2,400 sqft and has been running since 2008 with active liquor license. it is well known for good food and friendly service and their specialty is in cooking family favorite dishes originating from the North to South of Vietnam. The kitchen was completely renovated just over 7 years ago and the restaurant allows a seating capacity of up to 50-120 people. The potential of this c-2 zoning unit can be split into 2 store fronts for you to add other business ventures as well. Additionally, this building comes with 3 parking stalls in the back lane and plenty street parking up front.
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Concrete Block
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys), Mixed Use
# Bldgs:
1
# Units Total:
3
# Other Units:
3
# of Apartments:
2
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
2
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
2006 (Age: 19)
Living Area:
4,400 sq. ft.
Retail Size:
2,200 sq. ft.
Wrhse Size:
1,100 sq. ft.
Other Size:
1,100 sq. ft.
Class Of Space:
Class C
Title to Land:
Freehold
Lot Area:
4,356 sq. ft.
Zoning:
Potential to Redevelop:
Future high rise potential, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Forced Air, Separate Controls, Air Conditioning, HVAC System
Electricity:
Yes
Services Connected:
Cable Connected, Curb/Gutter, Electricity Connected, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
013532863
Taxes:
$18,940.1 / 2023
Balconies, Storefront, Washrooms Female/Male
No
Cooler, Freezer
Building Security
3.22% ON THE FIRST $100,000 AND 1.15% ON THE BALANCE
No
# Elevators:
0
# Docks:
0
# Loading Doors:
1
Ceiling Height:
8'
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Future high rise potential, No
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Stonehaus Realty Corp.
Data was last updated April 8, 2025 at 03:35 AM (UTC)