Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Business · Richmond

3711 Bayview Street

Richmond, BC V7E3B6

$470,000

252 days on market

Bedrooms
0
Bathrooms
0
Floor area
2,550 sq ft
Type
Business
MLS®
C8075598

About this home

Super prime location in the heart of Steveston, Richmond, directly across from the waterfront and steps away from Steveston Fisherman's Wharf and the Fish Market, offering exceptionally high foot traffic and strong exposure from both locals and tourists. This is a rare opportunity to acquire a well-established and profitable restaurant, currently operating as a well-known ramen franchise, with flexibility to be converted to other restaurant concepts or brands. The space is well built with quality renovations and comes fully equipped with a commercial kitchen, full restaurant equipment, and a walk-in cooler. The restaurant offers approximately 80 seats indoors plus 34 patio seats and holds a valuable liquor license allowing operation until 1:00 AM most nights. The location benefits from heavy tourism flow, excellent visibility, and ample nearby parking with over 25 stalls available. Rent is $12,000 all-in with a favorable 5 + 5 year lease term. Turnkey opportunity Richmond's most desirable dining location.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$2,081
Strata fee$0
Property taxannual ÷ 12$0
Est. monthly total$2,081
Down payment + BC property transfer taxbefore any first-time buyer exemption$101,400

Illustration only — rates change daily. Adjust in the full calculator →

Listing courtesy of Royal Pacific Realty Corp. View on REALTOR.ca

Powered by: REALTOR.ca

Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

More in Richmond