$248,000

990 Blanshard Street, Victoria V8W2H3

Detached

Listed by: Pemberton Holmes Ltd..

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Description

Prime Downtown Restaurant Opportunity! Looking for a restaurant in a prime downtown location with affordable rent? This is it! This well-established Asian restaurant and bar is ideally situated in a high-traffic area, just steps from the library, surrounded by office buildings, the Royal Theatre, and major tourist attractions. The location offers excellent exposure and consistent customer flow. Attractive Lease Terms: Only $4,000/month, including hydro, water, garbage, parking, and GST—a rare and highly competitive rent package for downtown. Includes one dedicated parking stall. The space is fully operational with great potential for growth and the flexibility to continue the current concept or introduce your own vision. This is an excellent opportunity for an owner-operator or investor looking to establish or expand in a vibrant, sought-after area. Please do not approach staff or the business owner regarding the sale. (id:66934)

Location

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Property Details

Property Type	Detached
Sub Type	Business
Listing ID	1046496

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990 Blanshard Street, Victoria
MLS® 1046496 · $248,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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