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$ 500,000
Est. payment | /mo
$ 500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Food & Beverage
Listing Status Active
Purchase Type Asset
MLS Listing ID C8071768
Property Sub-Type Food & Beverage
Property Description
An exceptional opportunity to acquire a thriving restaurant and bar in Richmond's vibrant arts and culture district. Spanning approximately 3,062 SQFT, this turnkey operation offers a unique dining experience w/ quality cuisine, artistic ambiance, & community engagement. The business also makes significant revenue from private events, boosting profitability. The property is leased w/ just over 6 mnths remaining & two 5-year renewal options. The first renewal set for April 2026 has already been negotiated, with an additional renewal period after that, and a non-demo clause included to protect the leasehold interest. This provides stability and growth potential. Buyer also has the first right of refusal to purchase the building. Located in the same building is a busy liquor store. This is a rare chance to acquire a well-established venue with strong community ties, a dedicated clientele, & a reputation for excellence—perfect for restaurateurs or investors seeking a vibrant business in a dynamic location.
Location
Province BC
Community Ironwood
Area Richmond
Zoning RAM1, CN, CP2
Building
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
