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Renanza Realty
For sale

5933 HASTINGS STREET

Burnaby, British Columbia

MLS® C8083093

$398,000

Status
Active
Property type
Business
MLS® number
C8083093
Bedrooms
—
Bathrooms
—
Year built
1950

Listing description

QUICK SERVICE 16 SEAT FRANCHISE CHICKEN RESTAURANT ON HIGH TRAFFIC HASTINGS ST IN NORTH BURNABY! BUYER CAN EITHER TAKE OVER THE EXISTING FRANCHISE OR CHANGE CONCEPT/MENU WITH LANDLORD APPROVAL. THERE IS A VERY FUNCTIONAL OPEN KITCHEN WITH BIG HOOD AND WALK-IN COOLER!!

THE SPACE ITSELF IS 1,455 SQ FT WITH A GOOD LEASE RATE OF $6,700/MONTH INCLUDING GST WITH 3 YEARS LEFT ON THE LEASE + 5 YEAR RENEWAL. THIS RESTAURANT OPPORTUNITY HAS TREMENDOUS FLEXIBILTY WITH LANDLORD APPROVAL. BUSINSS WITH ASSETS WAS APPRAISED IN 2023 FOR $535,085.

EASY TO SHOW.

Property summary

MLS® number
C8083093
Property type
Business
Leasable Area
1,455 sq ft
Built in
1950
Days on market
10 days

What would this home cost you?

Based on the $398,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,852 /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 RE/MAX Crest Realty, Burnaby.

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.