113 Mackenzie Avenue, Revelstoke

2024-01-29
 

Quick Summary

Location
113 Mackenzie Avenue, Revelstoke, British Columbia V0E2S0
Price
$2,799,000 CAD
Status:
For Sale
Property Type:
Business
Year of Construction:
1930

MLS®#10303273

Property Description

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:32467)

Property Features

Building

  • Exterior Finish: Composite Siding
  • Fireplace: No
  • Flooring Type: Mixed Flooring
  • Building Type: Other
  • Utility Water: Municipal water

Land

  • Land Size: 0.06 ac|under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by LeHomes Realty Premier
Listing information last updated on: 2024-04-08 16:51:14


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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What is the deal exactly, with One Percent?

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