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733 Yates St
Vi Downtown V8W 1L6

$139,000
Commercial Sale

Main Photo: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 1: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 2: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 3: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 4: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 5: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 6: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 7: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 8: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 9: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 10: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 11: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 12: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Photo 13: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
850443
Yates Coffee Bar is a stylish, modern downtown coffee and espresso bar offering a variety of desserts, fresh fruits, baked goods, locally roasted coffee, milk tea and sparkling drinks. Crepe cakes and other desserts are first of its kind in Victoria. The business has loyal and regular customers. High traffic area in central downtown. For all the office staff of the building and residential and commercial community in surrounding area. Couple of steps from the View Street City Public Parking, with one hour free parking for clients. Measurements are approximate, Buyer to verify if important. Financial Reports for 2018 and 2019 and lease agreement with the Landlord are available upon requests. The sale includes all the equipment. Please find the equipment list from Supplements
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease, Sale of Assets, See Remarks
Lease Term:
5 Years
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Vi Downtown, Victoria
Bathrooms:
- (Full:-/Half:-)
Taxes:
Building Features:
High Traffic Area
Ceiling Heights:
Total Building Area:
642 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Equip/Machinery, Fixtures, Goodwill, Leasehold Improvements
City
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
2020
Jurisdiction name:
City of Victoria
Legal Description:
Units in Building:
Units in Community:
Total Parking Spaces:
0
Business Name:
Yates Coffee Bar
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jul 30, 2020
Original Price:
139000.0
  • Photo 1: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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  • Photo 6: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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  • Photo 8: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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  • Photo 9: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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  • Photo 11: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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  • Photo 12: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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  • Photo 13: 733 Yates St in : Vi Downtown Business for sale (Victoria)  : MLS®# 850443
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Virtual Tour

Larger map options:
Listed by Pemberton Holmes - Cloverdale
Data was last updated August 14, 2020 at 07:30 AM (UTC)
Area Statistics
Listings on market:
41
Avg list price:
$298,000
Min list price:
$19,999
Max list price:
$6,325,000
Avg days on market:
130
Min days on market:
2
Max days on market:
1,122
These statistics are generated based on the current listing's property type and located in Vi Downtown. Average values are derived using median calculations.

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NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. This website may only be used by consumers for the purpose of locating and purchasing real estate.