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500 North Rd
Isl Gabriola Island Gabriola Island V0R 1X0

$695,000
Commercial Sale

Main Photo: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 1: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 2: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 3: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 4: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 5: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 6: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 7: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 8: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 9: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 10: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 11: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Photo 12: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1001892
OFFERING restaurateurs or investors an opportunity to purchase an iconic restaurant and catering business on Gabriola Island. One of only two evening dining restaurants in the commercial core of the island, this well established restaurant has been, and continues to be the premier dine-in or take-out destination for the local population and tourists alike. Being fully licensed with a totally equipped kitchen that boasts a custom built wood fired pizza oven, the restaurant is well prepared to service its patrons inside or outside on it's newly modeled patio. Included in this acquisition is Woodfire's branded "spice" company. It's proprietary spices have created a culunary demand with a customer base that extends beyond the restaurant, making this segment of the business ripe for expanding markets. Moving into the busiest season, the timing of this offering is impeccable. Represenation and an executed NDA are required for further financial examination.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale Of Shares
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Isl Gabriola Island, Islands
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Features:
High Traffic Area, Kitchen/Staff Room, Leasehold Improvements, Parking, Shopping Centre, Shopping Nearby, Transit Nearby, Visual Exposure
Ceiling Heights:
Commercial Area:
Cooling:
Air Conditioning
Fireplace:
No
Pending Date:
Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements, Trade Name(s), See Remarks
Inventory, See Remarks
Balcony/Patio, Sign: Allowed
Straight off the ferry to the top of the hill and then left on North Rd.
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Nanaimo Rural (768)
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Business Name:
Woodfire Restaurant
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jun 02, 2025
Original Price:
695000.0
  • Photo 1: 500 North Rd in Gabriola Island: Isl Gabriola Island Business for sale (Islands)  : MLS®# 1001892
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated June 14, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$949,900
Min list price:
$128,000
Max list price:
$3,950,000
Avg days on market:
113
Min days on market:
12
Max days on market:
837
These statistics are generated based on the current listing's property type and located in Islands. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.