Rare opportunity to own a busy, well-established liquor store in a high-density Port Coquitlam residential complex, with excellent exposure near Lougheed Highway. Benefiting from a neighboring liquor store's traffic, this 3,500 sq ft location has a loyal built-in clientele and strong growth potential. Low lease rate of just $27/sq ft (retail, triple net). Owner is absentee and relocating — motivated to sell. Financials and a private showing available on request to qualified buyers
- Asking Price:
- $1,990,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- $100K - $250K (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
27 per sq. ft. + NNN (5+5)
- Location:
-
Busy Area near Lougheed Highway and Shaughnessy Intersection
- Premises Details:
-
Retail Store 3500 Sq feet
- Size in square feet:
- 3,500
Business Operation
- Expansion Potential:
-
This has lots of potential to increase sales and expansion. Absentee owner never paid much attention
- Competition / Market:
-
Busy with lots of low-rises and households. Lots of medical, schools, daycares, and other retail offices are located.
- Reasons for selling:
-
Owner is relocating
- Trading hours:
-
9-11
- Employees:
- 5
- Years established:
- 20 Years
