Confidential address, Hastings, Vancouver

$350,000 |   MLS® Number  C8065799

Business for sale in Hastings, Vancouver, Vancouver East, Confidential address, 224970868 | Realtylink.org

Business for sale

Floor Area
1,330 sqft
Building Type
See Realtor Remarks
Zoning
BUSINESS
Amenities
Air Conditioning, Cooler(s), Freezer(s), Visitor Parking, Washrooms Female/Male, Other
Major Business Type
General Retail
Minor Business Type
GR - Smoke Shop
Confidentiality Agreement Required
Yes

Entrepreneur Alert! Rare opportunity to own a lucrative business in busy commercial strip of East Van. This TURN-KEY business is a 24/7 one-stop-shop for smoking aficionados, including tobacco, vapes, accessories and convenience store. Current owner has taken advantage of Commercial zoning which allows for multiple uses, resulting in an average of over $60,000 MONTHLY REVENUE + $2,500 to $3,600 MONTHLY PASSIVE INCOME (from Atm, Bitcoin Atm, Purolator, U-Haul). You can take over this successful business and hit the ground running with over $134,000 in TENANT IMPROVEMENTS and over $130,000 of INVENTORY included in the sale. The spacious 1,329 sqft Street-Level South Facing storefront boasts large windows bringing in natural light and tons of walk-in traffic. With a lease term extending until April 2028 + a 5 Year Renewal Option, this investment promises to pay off for years to come. SEE VIRTUAL LINK FOR MORE DETAILS.