Business for sale

50580 Trans Canada Highway, Fraser Canyon, Boston Bar / Lytton

$850,000 or
$850,000 or

Business for sale

50580 Trans Canada Highway, Fraser Canyon, Boston Bar / Lytton

Features

Lifestyle
224967415 850000 /en/business~for-sale~fraser-canyon-boston-bar-lytton/224967415?view=Summary /en/business~for-sale~fraser-canyon-boston-bar-lytton/224967415/photos 49.9181100000 -121.4498800000 true
Year Built
1976
Floor Area
3,560 sqft
Lot Size
125,017 sqft
Gross Property Tax
$9,635.30 /year
Building Type
Commercial Mix
Zoning
N/A
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
Business Name "doing business as"
Canyon Alpine Restaurant
Confidentiality Agreement Required
Yes

Description

This multi-income business, in operation since the 1970s in Boston Bar, offers excellent highway exposure on a 2.87 acre of land. The property features a fully licensed, air-conditioned, and spacious restaurant, complete with a kitchen, walk-in freezer, and walk-in fridge. Attached to the restaurant is a laundromat, and there is a tenanted 1,600 sq. ft. triplex with one 2-bedroom unit and two 1-bedroom suites. Additionally, the property includes 3 RV sites with water, sewer, and septic connections, as well as a 924 sq. ft. 2-bedroom modular home for owner occupancy. There is ample space to restore the original grocery store. This property offers significant potential for business expansion, with almost 3 acre of land and OCP for highway commercial. It is advisable to consult with the Fraser Valley Regional District to explore these opportunities further
MLS® Number C8062346

Listing REALTOR®

Max Wang, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Max Wang

REALTOR®, Personal Real Estate Corporation

Nu Stream Realty Inc.

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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