402 554 E Island Hwy
PQ Parksville Parksville V9P 1V6

$199,000
Commercial Sale

Main Photo: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 1: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 2: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 3: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 4: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 5: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 6: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 7: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 8: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 9: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Photo 10: 402 554 E Island Hwy in Parksville: PQ Parksville Business for sale (Parksville/Qualicum)  : MLS®# 977756
Status:
Pending
Prop. Type:
Commercial Sale
MLS® Num:
977756
Welcome to this bustling cafe nestled in the heart of South Parksville! Whether you're craving a hearty home-cooked breakfast or a satisfying lunch, you will find something in the tasty menu. Enjoy the cozy interior with 30 seats or soak up the sun on the inviting patio with 20 more seats. The owners pride themselves on the wide selection of freshly brewed coffee and aromatic teas to compliment any meal. The fully equipped kitchen includes modern appliances, all just a few years old, ensuring each dish is prepared with care. Open Monday to Friday, exposure to the Highway, and lots of parking on site. NDA to be signed prior to receiving financial information.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Rate:
21.0
Lease Type:
Assignment of Lease
Lease Term:
5 Years
Listing General Location:
PQ Parksville, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Taxes:
$0 / 2024
Construction:
Concrete, Frame Wood
New Construction:
No
Foundation:
Slab
Electricity:
Yes
Ceiling Heights:
15'
Floor finish:
Concrete
Total Building Area:
1,750 sq. ft.
Leasable Area:
1,750 sq. ft.
Commercial Area:
Not Applicable
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Equip/Machinery, Goodwill, Leasehold Improvements, Trade Name(s)
See Remarks
Balcony/Patio
Main Level
Assessed:
0.0
Assessment year:
0
Lease Amount Additional:
7.0
Jurisdiction name:
City of Parksville
Legal Description:
#402-554 Island Highway East, Parksville, BC, V9P 1V6 Leased Property operating as a restaurant. Legal Freeform
Legal Non-Conformance:
No
Occupancy:
Tenant
Property Condition:
Updated/Remodeled
Utilities:
Electricity Connected, Garbage, Natural Gas Connected
Lot Site Features:
Central Location, Corner Lot, Curb & Gutter, Landscaped, Level, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk
Parking Features:
On Site
Road Surface Type:
Paved
Business Name:
The Brazen Poppy
Business Type:
Restaurant/Bar
Business Established Year:
2019
Date Listed:
Oct 02, 2024
Original Price:
199000.0
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Data was last updated November 14, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
40
Avg list price:
$599,925
Min list price:
$55,000
Max list price:
$4,000,000
Avg days on market:
131
Min days on market:
9
Max days on market:
199
These statistics are generated based on the current listing's property type and located in PQ Parksville. Average values are derived using median calculations.
Denise Dumbrell
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.