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123 CONFIDENTIAL Avenue
Lower Lonsdale North Vancouver V0V 0V0

$499,000
Business

Main Photo: 123 CONFIDENTIAL Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8057625
Photo 1: 123 CONFIDENTIAL Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8057625
Photo 2: 123 CONFIDENTIAL Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8057625
Status:
Active
Prop. Type:
Business
MLS® Num:
C8057625
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Mixed Use
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!
Sale Type:
Asset
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Building Type:
Mixed Use
Total Floor Area:
1,589 sq. ft.
Lot Area:
1,589 sq. ft.
Land Use/Zoning:
C1
Permitted Use:
Mixed Use
Env Assmt Phase:
No
Previous Price:
$749,000
Original Price:
$749,000
  • Photo 1: 123 CONFIDENTIAL Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8057625
    Photo 1 of 2
  • Photo 2: 123 CONFIDENTIAL Avenue in North Vancouver: Lower Lonsdale Business for sale : MLS®# C8057625
    Photo 2 of 2
Listed by RE/MAX Real Estate Services
Data was last updated May 21, 2024 at 07:10 PM (UTC)
Jean Seguin
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