5307 Lane Street, Burnaby, British Columbia V5H 2H4

Listed for:
$68,000
0 beds
0 baths
Listed 225 days ago
5307 Lane Street, Burnaby, British Columbia V5H 2H4

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Listing provided by:
Grand Central Realty
MLS® number:
C8048705
Agent:
Max Chiu
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About

*Showing by appointment only, do not disturb staff. * Cozy Cafe and Cake Bakery, near Royal Oak and Kingsway. Street level unit, located in a newer mixed use building with newer equipment! Clean, minimalistic interior with high ceilings, custom lighting and decor, plus ample storage space! Approximately $120,000 worth of leasehold improvements and $30,000 in equipment, including a convection oven. Save on time and rent while waiting on permits and renovations; you just can't start from scratch at this price anymore! Reasonable rent rate (flat rate)! Lease term until April 2026 with a 5 year option to renew. 708 sqft store space. Ample street parking with 1 reserved parking spot included. Contact the listing agent for more information (id:27476)

Property Highlights

Type
Cooling type
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No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

Located near Royal Oak and Kingsway, this cozy cafe and cake bakery is housed in a street-level unit within a newer mixed-use building. The interior boasts a clean, minimalistic design with high ceilings, custom lighting, and decor, as well as ample storage space. The property comes equipped with newer equipment, including a convection oven, and approximately $120,000 worth of leasehold improvements, making it an ideal turnkey opportunity.

With a lease term extending until April 2026 and a 5-year option to renew, this 708 sqft space offers a reasonable flat-rate rent, providing a cost-effective solution for aspiring entrepreneurs. Additionally, the property includes ample street parking and one reserved parking spot, adding to its convenience and accessibility.

By purchasing this property, buyers can save both time and money on permits and renovations, as the space is move-in ready and well-equipped. The listing agent can provide further details and schedule appointments for interested parties, ensuring a smooth and efficient process for potential buyers.

For those seeking a prime location and a well-appointed space for a cafe or bakery business, this property presents a compelling opportunity in Burnaby, British Columbia. Don't miss out on the chance to acquire a turnkey business at an attractive price point.

For more information, please contact the listing agent.