694 Memorial Ave
PQ Qualicum Beach Qualicum Beach V9K 1L8

$199,000 /mth
Commercial Sale

Main Photo: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 1: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 2: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 3: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 4: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 5: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
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Photo 9: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
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Photo 12: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
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Photo 23: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 24: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Photo 25: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
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Photo 31: 694 Memorial Ave in Qualicum Beach: PQ Qualicum Beach Business for sale (Parksville/Qualicum)  : MLS®# 952298
Status:
Sold
Prop. Type:
Commercial Sale
MLS® Num:
952298
Sold Date:
Apr 11, 2024
The business is a thriving restaurant in the heart of Qualicum Beach, Vancouver Island. The owners have created an incredible experience for diners in this perfect location on Memorial Avenue. The dining area allows for 50 people including indoors and the outdoor patio. Reservations are booked well in advance in order to secure a table. This restaurant is highly rated by on-line reviews. The well equipped kitchen includes stove, fire suppression system, dishwasher, fridges and freezers. The basement area holds extra storage for furniture and additional fridges/freezers. Currently, Open Friday, Saturday and Sunday in the evening only. The next owner could expand to include lunch openings and additional evenings. Great walk by traffic and parking at the rear of the building as well as on the street. An NDA is required to be signed prior to the release of financial statements. For the right buyer, this restaurant is a great opportunity to expand the hours and increase the income.
Price:
$199,000 /mth
Property Type:
Commercial Sale
MLS® Num:
952298
Status:
Sold
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Data was last updated July 12, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$990,000
Min list price:
$70,000
Max list price:
$10,500,000
Avg days on market:
52
Min days on market:
2
Max days on market:
627
These statistics are generated based on the current listing's property type and located in Parksville/Qualicum. Average values are derived using median calculations.
Frank Fairley
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.