


MLS® Number
C8075598
Listed by:
Royal Pacific Realty Corp.
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. (id:65271)
Listed at
$470,000
MLS® C8075598
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Get my valuation$47,000
CMHC Insurance of $13,113 added to principal.
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"At 4.84%, focus on the 25yr term to maximize early equity growth."
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