$2,799,000
HIGH CAP RATE and STRONG CASH FLOW! INCOME GENERATING BUSINESS! This is a rare opportunity to own and operate a well-known landmark restaurant in downtown Revelstoke. 3 minutes off HWY#1 in the heart of the downtown core, Hong Kong Restaurant is the longest running restaurants in Revelstoke while operating for over 40 years, builds good relationship with local community and partners with multiple major travel agencies and welcomes large amounts of tourists every year. Great potential of sales growth with booming tourism industry. This property is zoned C1 which will allow for a multitude of uses. This sale is for the business and property. Current management team could stay after purchase. Call for the detailed information today! (id:42341)
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Property Details
MLS® Number 10303273 Property Type Business Neigbourhood Revelstoke -
Building
ConstructedDate 1930 ExteriorFinish Composite Siding FireProtection Sprinkler System-fire, Security Guard, Smoke Detector Only FlooringType Mixed Flooring HeatingFuel Electric HeatingType See Remarks RoofMaterial Tar & Gravel RoofStyle Unknown Type Other UtilityWater Municipal Water Parking
Other -
Land
Acreage No Sewer Municipal Sewage System SizeIrregular 0.06 SizeTotal 0.06 Ac|under 1 Acre SizeTotalText 0.06 Ac|under 1 Acre ZoningType Commercial
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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April 08 2024 04:51:14
Okanagan-Mainline Real Estate Board
Lehomes Realty Premier
