Address withheld

Listed by Century 21 Coastal Realty Ltd.

The seller has asked that the address not be shown online. Contact Mehran Salehian for the address and a showing.

$235,000

930 sq ft

Listed 390 days ago · MLS® C8072564

About this home

Excellent opportunity to own a fast growing and profitable business operating since 2021 rendering Postal Services, BC Lotto Smoke Shop, All Exotic Candy and Drinks majorly American and English Brand, Passport Photo Services, Printing, Ice-Cream, Private Atm etc. in the lower Lonsdale area of North Vancouver close to Sea bus Terminal, amidst lots of midrise buildings, Heavy Exposure, Great Foot Fall, Gross Lease per month $5131.16 Expiring Jan 31, 2026 with a 5yrs option to renew and Extendable, 930 sq feet approx. of subject premises, Mint Condition. Image upgradation (Canada Post) Recently done, Gross yearly Revenues $550k (4-5 major wholesale clients adding to the location due to closure of Lynnmour increasing the profitability of the store substantially) This business works best for the owner operators who wish to generate a permanent and stable income. (id:66966)

Details

Type: Business
Size: 930 sq ft

Interior

Fireplace: No

Business type: Retail and Wholesale

Listed by Century 21 Coastal Realty Ltd..

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Estimated monthly cost

Mortgage: $1,029
Total: $1,029

$47,000 down, 25-year amortization at 4.39%.

Cash needed to buy

Down payment: $47,000
Land transfer tax: $2,075
Legal and other costs: ~$2,500
Total: $51,575

First-time buyers can get up to $8,475 of land transfer tax back. All closing costs

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