496 DRAKE STREET Active

Vancouver,BC V6B 5S9

$ 599000

- Bed

- Bath

1900 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,900 sqft

Price per Sqft $315

Subdivision Yaletown

MLS Listing ID C8064455

Property Description

The popular "Kurotaki Bubble Tea House" is located in Yaletown, adjacent to offices, stores, and high-rise residences. With an investment of nearly $600000 in renovations, 1900 sft space is vibrant and lovely. From the lofty ceiling to the twinkling neon lights and uniquely designed table areas with cushioned chairs, the ambiance is spacious and comfortable with a total seating capacity of 50 or even more. Lease terms until 2028 PLUS 2 options to renew for 5 years each! Current Net Rent is about $7000 + GST. The restaurant has received very positive online reviews for its delightful menu featuring signature recipe chicken and bubble teas without franchise fees. Additionally, it offers a variety of cocktails, beers (including draft beer), liquors , hamburgers, waffles, and rice dishes & Beef noodles to provide customers with a diverse experience. Easy to operate with full training provided. Showings by appointment ONLY. Please contact realtor for more info.

Location

Province BC

Community Yaletown

Area Vancouver West

Zoning British Columbia Default Zone

Exterior

Roof Type Other

Building

Dwelling Type Business

Story 48

Water Municipal

Structure Type Concrete Block,Mixed

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