Metro Vancouver Restaurants

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Status:
Active
Prop. Type:
Business
MLS® Num:
C8083093
Bus Major:
Food & Beverage
Build. Type:
Street-Level Storefront
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 $5,900/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.
Sale Type:
Asset
Ownership:
Leasehold
Property Type:
Business
Commercial Type:
Food & Beverage
Business Type:
Food & Beverage, Restaurant
Num Storeys:
1
Building Type:
Street-Level Storefront
Year built:
1950 (Age: 76)
Living Area:
1,455 sq. ft.
Retail Size:
1,455 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
800189549
Storefront
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by RE/MAX Crest Realty
Data was last updated October 26, 2026 at 11:40 PM (UTC)
Kenny Pappas

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