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112 - 114 12499 88 Avenue
Queen Mary Park Surrey Surrey V3W 1P8

$550,000
Business

Main Photo: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 1: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 2: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 3: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 4: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 5: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 6: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 7: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 8: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 9: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 10: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 11: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 12: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 13: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 14: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 15: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 16: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Photo 17: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
Status:
Active
Prop. Type:
Business
MLS® Num:
C8066348
Bus Major:
Food & Beverage
Bus Minor:
FB - Restaurant
Build. Type:
Street-Level Storefront
Beautifully set up, 3,006SF full service dine-in and takeout restaurant; Monthly Gross Rent: $16,469.73 + GST; Lease Term: 5-year term commenced on Jan 15, 2025; Lease Renewal: 1 x 5-year renewal option thereafter; Seating: Licensed for 114 seats inside and 20 seats patio; Commercial Vending: 20' hood. Brand name is not included, business assets including lease assignment only. Subject to landlord review of buyer's concept, financial standing and credit worthiness. Please do not approach any staff at the location, all showings must be coordinated through listing agent.
Sale Type:
Asset
Business Name:
BARCELOS, NORDEL WAY
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Restaurant
Bus Op Since:
2015
Construction:
Mixed
Building Type:
Street-Level Storefront, Strip Mall
Name of Complex/Subdivision:
# Bldgs:
1
# Other Units:
# Storeys:
1.0
Total Floor Area:
3,006 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
CD
Permitted Use:
Retail
Air Conditioning, Alarm System, Freezer(s), Handicap Access/Facil, Paved Yard, Storefront, Visitor Parking, Washrooms Female/Male
# Elevators:
0
# Docks:
0
# Grade Doors:
0
# Loading Doors:
1
Services Connected:
Cable, Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Sewer - Storm, Street Lighting
Water Supply:
Municipal
Power Type:
Three Phase
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
No
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 112 - 114 12499 88 Avenue in Surrey: Queen Mary Park Surrey Business for sale in "WESTGATE SQUARE" : MLS®# C8066348
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated March 13, 2025 at 07:10 PM (UTC)
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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