#224 1055 West GEORGIA Street, Vancouver - Business for Sale
#224 1055 West GEORGIA Street, Vancouver, British Columbia, V6E3N9
This business in Vancouver is for sale offering roughly 249 sq ft of space.
Description
A rare opportunity to acquire a well-established Japanese restaurant operating for 12 successful years in the food court of a prominent downtown office complex. This easy-to-manage business operates only Monday to Friday, 10:00 AM'4:00 PM, with weekends and statutory holidays off, offering an exceptional work-life balance. The gross lease is only $3,500 per month, including electricity and garbage collection, keeping operating costs low. The business is strategically located beside major tenants, including a bank and Staples, and benefits from steady traffic generated by office workers and surrounding businesses. A major three-year redevelopment project directly in front of the premises is nearing completion. With the opening of the new Escala development and surrounding improvements, customer traffic and sales are expected to increase significantly. Prior to construction, average daily sales were approximately $1,200, currently averaging about $800 during construction. Offered for sale due to retire (id:66096)
Property Details
- MLS®
- C8075371
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C-3
- Interior Size
- 249 ft²
- Listed
- 288 days ago
Features
- Lot Features
- Passenger elevator
Services
- Utilities
- Water, Electricity, Telephone
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 288 days on market, against an average age of 93 days across the listings currently for sale in this city
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Location
Approximate location — exact address confirmed upon showing
Nearby Places
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$98,000
Vancouver