Restaurants For Sale

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Status:
Active
Prop. Type:
Business
MLS® Num:
C8078411
Bus Major:
Food & Beverage
Build. Type:
Low Rise (2-4 storeys)
Sale of business assets only of a fully equipped Chinese Hot Pot Restaurant on the popular Food Street of Richmond-Alexandra Road. 24 feet long exhaust hood, walk-in cooler, walk-in freezer, live seafood tank, 2 VIP rooms, and designated parking stalls. The total area is 4320 sq. ft., a new 5-year lease term plus a 5-year option to renew at a triple net rent of $35/SF only, plus property taxes and strata fee. The landlord spent over $150,000, in a brand new HVAC system for the restaurant space. Business is shut down and ready for possession.
Sale Type:
Asset
Lease Term:
60 Months
Sublease:
Yes
Ownership:
Strata
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
Business Closed
Business Type:
Food & Beverage, Restaurant
Construction:
Concrete Block, Mixed
Building Type:
Low Rise (2-4 storeys)
Home Owners Association:
Yes
Living Area:
4,320 sq. ft.
Contiguous Spc:
4,320 sq. ft.
Retail Size:
4,320 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Varies by Unit, Air Conditioning
Electricity:
No
Parcel Number:
800186031
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$8,928.33
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
Listed by Sutton Group-West Coast Realty
Data was last updated May 2, 2026 at 09:40 AM (UTC)
Jean Seguin
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