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Renanza Realty
For sale

1871 Oak Bay Ave

Victoria, British Columbia

MLS® 1028775

$158,000

Status
Active
Property type
Business
MLS® number
1028775
Bedrooms
Bathrooms
Year built

Listing description

Well-established 50-seat restaurant with full liquor license, bar area, and private enclosed garden patio. Currently serving Chinese cuisine but easily adaptable to many other food concepts. This popular restaurant enjoys a loyal clientele from Oak Bay, Fairfield, and surrounding neighborhoods.

Excellent high-visibility location on the south side of Oak Bay Avenue near Bank Street, just minutes from downtown Victoria and surrounded by professional and medical offices. Affordable rent and favorable lease terms make this a great turnkey opportunity for an owner-operator or chef. Perfect opportunity to continue the current concept or introduce your own menu and vision in a prime location.

Strong potential for continued growth in this vibrant neighborhood. Don’t miss this opportunity.

Property summary

MLS® number
1028775
Property type
Business
Title
Leasehold
Annual property taxes
$1.00
Days on market
171 days

What would this home cost you?

Based on the $158,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$735 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Pemberton Holmes Ltd., Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.