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1280 Broad Street, Downtown Victoria

Price

$316,000

BedroomsNot listed

BathroomsNot listed

SizeNot listed

Year BuiltNot listed

Property TypeCommercial

Property Taxes$1

Description

An exciting opportunity to acquire a profitable and well established Turkish Restaurant located in the heart of Downtown Victoria! This turnkey 2 year old Restaurant has already become a local favorite, known for its unique menu, fresh offerings and exceptional customer service. With high sales revenue and strong Google reviews, the Restaurant benefits from significant goodwill and a loyal customer base. Strategically positioned in a high visibility location with ample customer parking directly up front. A rare advantage in downtown Victoria! Key features include: Full commercial kitchen with a 10-foot hood, Extensive leasehold improvements, Long remaining lease term providing operational stability and Strong branding and consistent community following. Don't miss this rare chance to take over a profitable, well run business with excellent growth potential in one of Victoria’s most dynamic commercial areas! We kindly ask all parties to refrain from approaching or discussing the sale of the business with any staff or employees. All inquiries or communications regarding the transaction should be directed through the listing Realtor. (id:39198)

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Listed By

The listing brokerage and/or agent is Pemberton Holmes Ltd.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$1,136 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$252,800

Total Interest Payments

$155,867

Total Payment (Principal + Interest)

$408,667


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

Realtors

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions