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Vibrant Downtown Latin Grocery And Retail Space For Sale

Vancouver, British Columbia, Canada
Asking Price:
$100K - $250K (CAD)
Sales Revenue:
$250K - $500K (CAD)
Cash Flow:
$50K - $100K (CAD)

A well‑established Latin American grocery and specialty retail store located in the heart of Downtown Vancouver. Known for its vibrant atmosphere, curated product selection, and strong cultural identity, the store attracts both local residents and high volumes of tourist foot traffic. The space is professionally built, fully equipped, and designed for efficient retail operations, offering refrigeration, shelving, POS systems, storage, and loading access.

As part of a broader seven‑location retail network, this Downtown Vancouver store benefits from the brand’s established presence, operational maturity, and consistent customer demand. With more than 3,000 monthly customers and stable sales performance, the store demonstrates proven market traction and a loyal customer base.

Its flexible layout supports multiple retail concepts beyond grocery — including snacks, international foods, convenience, beverages, beauty/wellness, and specialty retail. The location also benefits from an active Uber Eats channel, adding incremental online revenue.

Positioned within Vancouver’s high‑visibility downtown corridor, this turnkey retail environment offers a rare opportunity for a qualified buyer to acquire a fully operating space with strong commercial potential. The sale includes assets and lease assignment only; the name, brand, corporation, and intellectual property are not part of the transaction.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately 3 years remaining on the current lease, with an option to renew.
Lease assignment required.
Two dedicated parking stalls included.

Leasehold Rent:

$137,388.60 per annum

Living Accommodation:

No living accommodation is associated with this business.

Location:

Operates from a prime Downtown Vancouver retail corridor —one of the city’s highest‑traffic pedestrian and tourist destinations. The area benefits from continuous footfall, strong visibility, and proximity to hotels, residential towers, and major commercial anchors.

Premises Details:

The business occupies a professionally built 1,850 sq. ft. retail unit featuring a fully equipped grocery and specialty‑retail layout. The premises include refrigeration and freezer units (where included), shelving, counters, POS systems, security systems, storage areas, and both front and rear loading/receiving access. Two dedicated parking stalls are included with the premises.

Size in square feet:
1,850 sq. ft.
Planning Consent:

The premises operate under standard retail use permissions suitable for grocery, convenience, and specialty retail. Buyers should confirm specific zoning allowances with the landlord and city planning office.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The space supports multiple retail concepts beyond grocery, including snacks, international foods, beverages, beauty/wellness, convenience, and specialty retail. Additional growth opportunities include expanding online delivery channels (Uber Eats is already active), introducing new product categories, or rebranding the space into a fresh retail concept. The store is one of seven operating Mi Tierra Latina locations, demonstrating network‑wide demand and scalability.

Competition / Market:

Competition consists primarily of general convenience stores, small specialty grocers, and international‑food retailers in the downtown core. Mi Tierra Latina differentiates itself through its Latin American product focus, cultural branding, and established customer base. Future competition may arise from new specialty‑retail concepts entering the Robson corridor, though the location’s visibility and built‑out infrastructure provide a strong competitive advantage.

Reasons for selling:

The Robson Street location is being sold as part of a strategic restructuring of the Mi Tierra Latina retail network.
Seven other Mi Tierra Latina stores continue to operate.

Trading hours:

11:30 am - 8:30 pm

Employees:
The store typically employs a small team of retail staff, including cashiers, stock handlers, and part‑time support.
Years established:
The Robson Street location has been operating for multiple years as part of the Mi Tierra Latina retail network.

Other Information

Support & training:

The seller can provide handover support, operational guidance, and training on store systems, inventory processes, and supplier relationships to ensure a smooth transition for the buyer.

Financing available:

Standard third‑party financing may be available through commercial lenders at the buyer’s discretion.

Furniture / Fixtures value:
$60,000 (CAD)