CLS CLS Square, Downtown Victoria
Price
$269,000
BedroomsNot listed
BathroomsNot listed
SizeNot listed
Year BuiltNot listed
Property TypeCommercial
Property Taxes$1
Description
A great opportunity to acquire a restaurant with over 30 years of history with a location that benefits from both local and tourist traffic. This ideal location enjoys year-round walk-by traffic and it's unique layout and food primary liquor license can accommodate 93 people. The interior is bright due to its corner location and recent upgrades to the space which have totalled over $150k have included a new bar and beer tap beer system, dining room upgrades, plus kitchen upgrades to enhance the service and flow. The kitchen is fully commercially vented, allowing any type of cuisine and it benefits from ample prep space and cold storage. The restaurant also added a 25 seat patio, which allows additional seating capacity during the warmer months. This is an exceptional opportunity to take over a well-respected restaurant brand or bring your own concept and breathe new life into this prime restaurant location. (id:39198)
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
$
$
%
$
$
Total Monthly Payment
$967 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$215,200
Total Interest Payments
$132,684
Total Payment (Principal + Interest)
$347,884
Cashflow Calculator
$
$
$
$
$
$
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive
Comber Friesen Group
Realtors
Related Properties
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.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.