273 LONSDALE AVENUE Active

North Vancouver,BC V7M 2E9

$ 455000

- Bed

- Bath

1589 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,589 sqft

Price per Sqft $286

Subdivision Lower Lonsdale

MLS Listing ID C8063039

Property Description

A recently built modern restaurant situated in North Vancouver''s desired Lower Lonsdale, including a state-of-the-art kitchen and all new equipment, operating at around $1 million in sales per year, with a great chance of doubling that amount by expanding the hours and adding more seats (new application necessary). Licensed patio also accessible. This site has a high-capacity kitchen that can accommodate all its dine-in customers as well as customers using all channels, including Door Dash, Skip, and Uber. Completely remodeled dining and bar area, with furniture, the complete project cost around $1 million. With a monthly rent of $7,718 and over 2400 square feet of premium retail space (around 1750 square feet on main, and 650 sf storage), this lease has seven years left on it with a three-year renewal option. Social media, high traffic website, thousands of online followers and great customer reviews are all part of the sale package; IP included. NDA required, please do not approach staff or management.

Location

Province BC

Community Lower Lonsdale

Area North Vancouver

Zoning British Columbia Default Zone

Building

Dwelling Type Business

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