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Status:
Active
Prop. Type:
Business
MLS® Num:
C8070792
Bus Major:
Food & Beverage
Build. Type:
Street-Level Storefront
PROFITABLE LONG ESTABLISHED 80 SEAT JAPANESE RESTAURANT IN PRIME HIGH TRAFFIC LOCATION GROSSSING BETWEEN $1.5M - $1.6M/YEAR IN REVENUE!! THIS RESTAURANT IS WELL MAINTAINED AND OPERATED WITH A VERY SPACIOUS AND FUNCTIONAL KITCHEN WITH WALK-IN COOLER. THE SIZE OF THE RESTAURANT SPACE IS 2,247 SQ FT WITH TOTAL RENT OF APPROXIMATELY $17,070/MONTH INCLUDING GST AND INCLUDES 4 UNDERGROUND PARKING STALLS AS A BONUS. THIS RESTAURANT IS BEING SOLD BY LONG TERM OWNERS LOOKING TO RETIRE. NDA required, staff is unaware of the sale. Showings are before 2pm.
Sale Type:
Asset
Ownership:
Leasehold
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
80 SEAT JAPANESE RESTAURANT!
Business Type:
Food & Beverage, Restaurant
Construction:
Concrete
Building Type:
Street-Level Storefront
Year built:
1993 (Age: 32)
Living Area:
2,247 sq. ft.
Retail Size:
2,247 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Services Connected:
Fully Serviced
Sewer:
Public Sewer
Parcel Number:
800179560
No
Yes
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by RE/MAX Crest Realty
Data was last updated July 17, 2025 at 09:40 PM (UTC)