Business For Sale · Retail

1906 HARO STREET, Vancouver

1906 HARO STREET, Vancouver, BC V6G1H7

$199,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

91%

About this property

Exceptional opportunity to acquire this fully equipped, 90-seat iconic restaurant with expansive courtyard patio in Vancouver's West End. Offering 2,260 sqft of efficiently designed space, featuring a fully vented commercial kitchen with 12 ft. Type-1 hood, a second Type-2 hood and walk-in cooler. Ideal for a full-service restaurant or central commissary kitchen with dine-in. Situated just off Denman Street, steps from Stanley Park and the Seawall, surrounded by dense residential towers, established businesses and year-round visitor traffic. A rare opportunity for an experienced restaurateur or established hospitality group to bring a fresh concept to one of Vancouver's most desirable neighbourhoods. All-in rent approximately $14k per month. Contact listing agent for further details. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$199K
Down payment30% · $60K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$919

Projected NOI

$10K

Annual cash flow

$-1K

Cash-on-cash

-1.82%

DSCR

0.90

Going-in cap

5.00%

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

97,974

Households

34,247

Median income

$127,500

Median age

34.6

Daytime population

136,097

5-yr growth

8.3%

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

Secure deal room

Confidential diligence documents for 1906 HARO 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.