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$ 455,000
Est. payment | /mo
1,589 SqFt
$ 455,000
Est. payment | /mo
1,589 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,589 sqft
Price per Sqft $286
Subdivision Lower Lonsdale
MLS Listing ID C8063039
Property Description
A recently built modern restaurant situated in North Vancouver''s desired Lower Lonsdale, including a state-of-the-art kitchen and all new equipment, operating at around $1 million in sales per year, with a great chance of doubling that amount by expanding the hours and adding more seats (new application necessary). Licensed patio also accessible. This site has a high-capacity kitchen that can accommodate all its dine-in customers as well as customers using all channels, including Door Dash, Skip, and Uber. Completely remodeled dining and bar area, with furniture, the complete project cost around $1 million. With a monthly rent of $7,718 and over 2400 square feet of premium retail space (around 1750 square feet on main, and 650 sf storage), this lease has seven years left on it with a three-year renewal option. Social media, high traffic website, thousands of online followers and great customer reviews are all part of the sale package; IP included. NDA required, please do not approach staff or management.
Location
Province BC
Community Lower Lonsdale
Area North Vancouver
Zoning British Columbia Default Zone
Region Greater Vancouver
City Region Greater Vancouver
Building
Dwelling Type Business
Listed by RE/MAX Real Estate Services
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