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For SaleCommercial

Established Restaurant, Land & Building

Port Alberni

$1,999,000

5,133 sq ft

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About this property

A rare chance to own one of Vancouver Island's longest-running independent restaurants, in business for nearly 60 years. The sale includes the business, the land and the building, so there's no lease to worry about. Equipment has been extensively upgraded and an experienced team of 20 to 25 staff is in place for a smooth handover. Two self-contained one-bedroom suites add rental income. Most revenue comes from takeout and delivery, with seating for about 50, and there's room to grow by adding a liquor licence or third-party delivery. On a 0.19-acre lot with 15 parking spaces. Address available on request.

Property details

Price
$1,999,000
Status
For sale
Property type
Commercial
Area
Port Alberni
Interior
5,133 sq ft
Lot size
0.19 acres (8,500 sq ft)
MLS® number
1046310

Features

  • Business, land and building included, so no lease
  • Nearly 60 years in operation
  • Experienced team of 20 to 25 staff in place
  • Extensive equipment upgrades
  • Two self-contained 1-bedroom suites for rental income
  • Seating for about 50
  • Over 95% of revenue from takeout and delivery
  • Room to add a liquor licence or third-party delivery
  • Air conditioning and security system
  • Lighted sign
  • 15 parking spaces
  • Block, concrete, stucco and wood construction

Photos 2

Interested in Established Restaurant, Land & Building?

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