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:47423)
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Detailed Information
Listing Contract Date
2024-01-24
Municipal ID
016-179-846
Ownership Type
Freehold
Property Type
Business
Transaction Type
For sale
Zoning
Commercial
Building
Constructed Date
1930
Exterior Finish
Composite Siding
Fire Protection
Sprinkler System-Fire, Security guard, Smoke Detector Only
Flooring Type
Mixed Flooring
Heating Fuel
Electric
Heating Type
See remarks
Roof Material
Tar & gravel
Roof Style
Unknown
Type
Other
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Other
Land
Total Size
0.06 acres
Sewer
Municipal sewage system
Size of Irregular Land
0.06
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