$899,000

1110 EWEN AVE Avenue, New Westminster V3M5E4

2,700 Sq Ft

Detached

Listed by: SRS Panorama Realty.

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Description

Excellent opportunity to acquire a profitable liquor store with strong daily sales and a loyal, repeat customer base. Strategically located in a high-exposure commercial area, this established business enjoys consistent traffic and excellent visibility, making it an ideal investment for both experienced operators and entrepreneurs. The premises are well maintained and operate under a secure lease with monthly base rent of $16,000, plus approximately $3,109.50 in additional rent. The current lease runs until March 31, 2027, with two additional five-year renewal options, providing long-term stability for the new owner. Please note: The liquor licence is non-transferable and remains with the property. A signed Non-Disclosure Agreement (NDA) is required prior to the release of financial statements and other confidential business information. (id:66934)

Location

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Property Details

Property Type	Detached
Sub Type	Business
Living Area	2,700 sq ft
Listing ID	C8080166

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1110 EWEN AVE Avenue, New Westminster
MLS® C8080166 · $899,000

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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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