Langford All Real Estate and Homes for Sale $400K-$500K
CLS victoria St
La Goldstream
Langford
V1V 1V1
$495,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 975071
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Liquor primary pub/restaurant in a great high-traffic location in one of Victoria's fastest-growing communities.This business has been in operation for over a decade and is run by an absentee owner with full management staff in place.The business has the highly sought-after liquor primary license which allows the business to operate as a bar which gives the operators flexibility in how they operate The pub has a massive and fully vented commercial kitchen space capable of handling the 200-seat restaurant with ease while providing ample prep space for catering opportunities. The recent approval of a University Campus, just a short walk from the Pub will bring a brand new young demographic to the already busy area.
The price of the business is less than half the cost of the build-out in today’s market and offers a great opportunity for an operator to acquire a great pub location with a proven track record of sales.It is fully turn-key and only requires a re-branding to be operational.
- Property Type:
- Commercial Sale
- Type:
- Business
- Commercial Type:
- Business
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- La Goldstream, Langford
- Bathrooms:
- - (Full:-/Half:-)
- Taxes:
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- Pending Date:
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- Main Level
- 0
- Yes
- No
- Unrestricted
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Langford
- Legal Description:
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- Parking Features:
- On Site
- Business Type:
- Restaurant/Bar
- Total Units:
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- Date Listed:
- Sep 05, 2024
- Original Price:
- 495000.0
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Listed by Pemberton Holmes - Cloverdale
Data was last updated November 17, 2024 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 51
- Avg list price:
- $1,266,000
- Min list price:
- $150,000
- Max list price:
- $10,900,000
- Avg days on market:
- 135
- Min days on market:
- 3
- Max days on market:
- 430
These statistics are generated based on the current listing's property type
and located in
Langford. Average values are
derived using median calculations.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.