Business For Sale · Retail

1405 MARINE DRIVE, West Vancouver

1405 MARINE DRIVE, West Vancouver, BC V7T1B8

$300,000 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

94%

About this property

Located in the heart of Ambleside, West Vancouver, this well-established Japanese sushi restaurant boasts a 4.5-star Google rating, 1,550 sq.ft. of space, seating for over 50 guests, 5 private rooms, and 4 additional dining tables. Fully equipped with a commercial kitchen, sushi bar, air conditioning, and liquor licence, it offers ample plaza parking, 5 years remaining on the lease, and established lunch contracts with two schools. Annual gross sales exceed $600,000. **Showings by appointment only. Please Do not disturb staff.** (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy94%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$15K

Annual cash flow

$-1K

Cash-on-cash

-1.48%

DSCR

0.92

Going-in cap

5.10%

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

116,686

Households

41,930

Median income

$102,000

Median age

34.9

Daytime population

102,746

5-yr growth

0.8%

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

Secure deal room

Confidential diligence documents for 1405 MARINE DRIVE, West 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.