Business For Sale · Retail

1601 MAIN STREET, Vancouver

1601 MAIN STREET, Vancouver, BC V6A2W5

$199,000 total

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Asset Class

Retail

Size

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Building class

B

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

95%

About this property

Exceptional opportunity to acquire the business assets of a well-appointed Irish Pub and restaurant at 1601 Main Street, in Vancouver Olympic Village! Offering approximately 3,000 SF, this established hospitality space features a fully equipped commercial kitchen, extensive bar setup, walk-in cooler and freezer, dedicated liquor storage, and inviting dining areas across the main floor and mezzanine. Existing seating configuration approved for 84 seats (42 main floor and 42 mezzanine), subject to applicable approvals. Licensing includes City of Vancouver Class 2 Liquor Establishment Business Licence (66'200 seat classification) Excellent opportunity for experienced operators seeking a fully built-out restaurant and pub space. Business assets only. Lease assumption and licensing subject to landlord and applicable authority approvals. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$199K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$919

Projected NOI

$10K

Annual cash flow

$-603

Cash-on-cash

-1.01%

DSCR

0.95

Going-in cap

5.24%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

133,609

Households

53,450

Median income

$118,000

Median age

34.8

Daytime population

224,851

5-yr growth

4.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1601 MAIN STREET, Vancouver.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.