Business for sale

123 Confidential Avenue, Lower Lonsdale, North Vancouver

$499,000 or
Business for sale in Lower Lonsdale, North Vancouver, North Vancouver, 123 Confidential Avenue, 224962694 | Realtylink.org
$499,000 or

Business for sale

123 Confidential Avenue, Lower Lonsdale, North Vancouver

Features

Lifestyle
224962694 499000 /en/business~for-sale~lower-lonsdale-north-vancouver/224962694?view=Summary /en/business~for-sale~lower-lonsdale-north-vancouver/224962694/photos 49.3199800000 -123.0724100000 true
Floor Area
1,589 sqft
Lot Size
1,589 sqft
Building Type
Mixed Use
Zoning
C1
Major Business Type
Food & Beverage
Minor Business Type
FB - Restaurant
97

Description

This busy restaurant is situated in desired lower Lonsdale in North Vancouver . This high volume kitchen is doing over $1,000,000 in sales per year and increasing. The business has grown about 45% since opening in November. The restaurant has built a following on social media and has amazing reviews and over thousands of customers interactions. Locations has a completely new build-out with last generation ventilation system, with reno cost close to $1Million, it is outfitted with a well thought out commercial kitchen. Newly built 1 yr ago at the highest standards in the industry. A lot of storage space, including last generation HAVC, plumbing, etc. Amazing monthly rent is $7,718 all in with 7 years remaining plus another 3 year renewal option. Lots of added value with a desert line and gelato generating an extra six figures during the summer and opportunity for patio as well. Opportunity to add more seats upon a new review and a new application . Take advantage of this newly built restaurant location!
MLS® Number C8057625

Listing REALTOR®

Jean Seguin, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Jean Seguin

REALTOR®, Personal Real Estate Corporation

RE/MAX Real Estate Services

RE/MAX Real Estate Services,

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.
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