
12254 CONFIDENTIAL, Vancouver, BC V0V0V0
$238,000 total
—
Asset Class
Retail
Size
—
Building class
B
Zoning
CSC — Shopping Centre
$ / SF
—
Occupancy
96%
Lot Size
0.03581267217630854 ac
Exceptional opportunity to acquire a turnkey restaurant in Vancouver's vibrant West End.The revenue has strong upside-during the summer season, it can reach up to approximately $1.7M annually. This well-known upscale establishment specializes in handmade, colorful Chinese fusion soups and a wide variety of dim sum, offering a unique, interactive dining experience where guests can watch chefs craft featured dishes in full view. Ideally located in a high-exposure, high-traffic area, this 1,560 sq. ft. space features a highly functional layout with two separate L-shaped dining areas and an 18-foot commercial hood. The configuration is well-suited for continued operation or conversion to a new cuisine concept. Rear parking is available, plus ample street parking for customers. Reason for sale is personal circumstances. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$4K
Cash-on-cash
4.93%
DSCR
1.27
Going-in cap
7.02%
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
74,052
Households
28,477
Median income
$76,500
Median age
42.2
Daytime population
107,913
5-yr growth
2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 12254 CONFIDENTIAL, 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.