For Sale · Vancouver · Business

$650,000

1485 KINGSWAY, Vancouver

2,334

Sq Ft

About This Home

The details.

Incredible opportunity to own a well-established restaurant with low rent and long lease. Pink Peppercorn Seafood House, operated by former chef of The Cannery, one of Vancouver's earliest and most renowned dining destinations. Approx. 2,334 sq. ft. space features 75 seats, a fully equipped commercial kitchen, and a liquor license. Ideally situated at the corner of Kingsway and Dumfries Street, just one block from Knight Street, the location benefits from excellent visibility and steady traffic. Long lease, low rent, plus renewal option. Operating since 2010, stable revenue. The seller is willing to provide training. Don't miss your chance to take over a restaurant with a long-standing history in a prime location. Contact now for more details! (id:66635)

Summarizing the highlights...

MLS® C8078098Listing courtesy of RE/MAX City RealtyView on map

Property Details

Facts & features.

Property type: Business
Size: 2,334 sqft
MLS number: C8078098
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

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Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

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Location

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$3,040

$520,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$3,040

Cash flow

-$3,040

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

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New this week

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Median asking price

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The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.