Active · Business · Burnaby

5933 Hastings Street

Burnaby, BC V5B1R7

$398,000

Listed today

Bedrooms: 0
Bathrooms: 0
Floor area: 1,455 sq ft
Type: Business
Year built: 1950
MLS®: C8083093

About this home

QUICK SERVICE 16 SEAT FRANCHISE CHICKEN RESTAURANT ON HIGH TRAFFIC HASTINGS ST IN NORTH BURNABY! BUYER CAN EITHER TAKE OVER THE EXISTING FRANCHISE OR CHANGE CONCEPT/MENU WITH LANDLORD APPROVAL. THERE IS A VERY FUNCTIONAL OPEN KITCHEN WITH BIG HOOD AND WALK-IN COOLER!! THE SPACE ITSELF IS 1,455 SQ FT WITH A GOOD LEASE RATE OF $5,900/MONTH INCLUDING GST WITH 3 YEARS LEFT ON THE LEASE + 5 YEAR RENEWAL. THIS RESTAURANT OPPORTUNITY HAS TREMENDOUS FLEXIBILTY WITH LANDLORD APPROVAL. BUSINSS WITH ASSETS WAS APPRAISED IN 2023 FOR $535,085. EASY TO SHOW.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$1,762

Strata fee$0

Property taxannual ÷ 12$0

Est. monthly total$1,762

Down payment + BC property transfer taxbefore any first-time buyer exemption$85,560

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

Listing courtesy of RE/MAX Crest Realty. View on 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.

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