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1057 – LOCATION, LOCATION, LOCATION for only $59,900

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This restaurant is in the heart of restaurant row on 4th Street SW in Mission. It’s fully equipped with an open kitchen and has male and female washrooms. It’s an ideal location for any concept such as a bistro, restaurant or wine bar. It would be a great spot for a “ghost” kitchen to cater to the apartments and condos in the area but still have a few seats in the house. Lots of millennials and walk-by customers!

Sales: Gross sales: $383,000 in 2019

Size in sq. ft. 800 sq. ft.

No. of Seats: 30

Number of parking stalls: on-street

Financing: Treat as clear title

Style of cuisine: Any concept a new owner wishes as long as it’s not competitive to other restaurants in the building

Customer Demographics: Wide range of ages; business people; locals; lots of walk-by traffice

Type of service: Table

Hours of operation:
To be determined by new owner

Number of employees: As required

Leasing information:

Rate per sq. ft. $3,000 base month for rent;  $4,700 per month which includes rent, CAM and GST.
C.A.M. Included in above monthly amount
Lease Term: To be confirmed. Landlord will prefer to do a new Lease.             Option periods: One 5-year option
Deposit held by Lessor: 1 month (to be verified)


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