113 Mackenzie Avenue, Revelstoke | $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!

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!

General Info


MLS Listing ID: 10303273 Bedrooms: 0 Bathrooms: 0 Year Built: 1930
Parking: Other Heating: See remarks Lotsize: 0.06 ac|under 1 acre Air Conditioning : N/A
Home Style: N/A Finished Floor Area: Mixed Flooring Fireplaces: Sprinkler System-Fire, Security guard, Smoke Detector Only Basement: N/A

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Disclaimer: E. & O.E. The information contained in this brochure has been obtained from the owner and other sources deemed reliable, but is not guaranteed by Planet Group Realty Inc. or BALJIT KOCHHAR– PREC* . Prospective Buyers should make full independent investigation of all facts of the property, including legal, accounting & taxation, prior to purchase .