

1/32 3337 KINGSWAY, Vancouver, BC V5R5K6
$99,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CNC — Neighbourhood Commercial
$ / SF
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Occupancy
87%
Offered for sale is a well-established, independently owned flagship restaurant with over 12 yrs of successful operation, ideally located at the high-exposure intersection of Kingsway & Joyce in Vancouver East-one of the city's busiest corridors with strong foot traffic, surrounded by dense residential communities and just steps to transit. Specializing in authentic Northern Chinese Cuisines, the business has built a loyal customer base with consistent dine-in repeat clientele and steady takeout demand, maintaining stable performance even through COVID. The space offers 900sf with around 20 seats and an efficient layout, along with a fully Commercial Exhaust Vent Kitchen. This is not a franchise, but a self-created brand, providing full operational control and future growth potential. The business is now available due to retirement, presenting an excellent opportunity for buyers seeking a proven, low-risk, and immediately cash-flowing operation. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$457
Projected NOI
$5K
Annual cash flow
$-739
Cash-on-cash
-2.49%
DSCR
0.87
Going-in cap
4.79%
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.
Trade area within 3 miles of the property.
Population
68,024
Households
31,224
Median income
$118,000
Median age
35.7
Daytime population
95,238
5-yr growth
2.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2 3337 KINGSWAY, Vancouver.
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.