224 1055 W GEORGIA STREET
Vancouver, British Columbia
MLS® C8075371
$98,000
- Status
- Active
- Property type
- Business
- MLS® number
- C8075371
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 17Listing description
A rare opportunity to acquire a well-established Japanese restaurant operating for 12 successful years in the food court of a prominent downtown office complex. This easy-to-manage business operates only Monday to Friday, 10:00 AM'4:00 PM, with weekends and statutory holidays off, offering an exceptional work-life balance. The gross lease is only $3,500 per month, including electricity and garbage collection, keeping operating costs low.
The business is strategically located beside major tenants, including a bank and Staples, and benefits from steady traffic generated by office workers and surrounding businesses. A major three-year redevelopment project directly in front of the premises is nearing completion. With the opening of the new Escala development and surrounding improvements, customer traffic and sales are expected to increase significantly.
Prior to construction, average daily sales were approximately $1,200, currently averaging about $800 during construction. Offered for sale due to retire
Property summary
- MLS® number
- C8075371
- Property type
- Business
- Square footage
- 249 sq ft
- Days on market
- 219 days
Features & details
- Lot features
- Passenger elevator
What would this home cost you?
Based on the $98,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Evergreen West Realty, Coquitlam.
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.