414H 5000 CANOE PASS Way
Tsawwassen North Tsawwassen V4M 4G8

$2,200,000
Business, Retail

Main Photo: 414H 5000 CANOE PASS Way in Tsawwassen: Tsawwassen North Business for sale : MLS®# C8059069
Photo 1: 414H 5000 CANOE PASS Way in Tsawwassen: Tsawwassen North Business for sale : MLS®# C8059069
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Status:
Active
Prop. Type:
Business, Retail
MLS® Num:
C8059069
Bus Major:
Other/See Remarks
Bus Minor:
Other/See Remarks
Build. Type:
Strip Mall
414 - 5000 Canoe Pass Wy, Delta, BC V4M 4G8, Classic Designs Home Accessory Business located at Tsawwassen Mills Mall. Comprising two 2500 square feet store fronts and two 5000 square feet warehouses, the establishment boasts robust annual gross sales of $800K, yielding a substantial net income exceeding $100K annually. With a favourable rental agreement and manageable monthly wages of $10K, this turnkey enterprise is ideally suited for a family owner/operator seeking a profitable venture. The retiring owner, with 40 years of stewardship, offers the entirety of inventory, including racks and display cases, valued at $2M wholesale and $5M retail, as part of the package. Positioned adjacent to prominent retailers such as Winners and Marshals, the property holds immense potential for expansion, particularly through online platforms like Amazon or eBay—an avenue preliminary explored by the current proprietor through limited engagement with Facebook Marketplace. Landlord open to flexible lease options.
Sale Type:
Asset
Sublease:
No
Business Name:
Classic Designs
Major Bus Type:
Other/See Remarks
Minor Bus Type:
Other/See Remarks
Bus Op Since:
2016
Construction:
Concrete
Building Type:
Strip Mall
Total Floor Area:
5,000 sq. ft.
Lot Area:
0 sq. ft.
Land Use/Zoning:
M-MARINE
Permitted Use:
Retail
Taxes:
$0 / 2024
Air Conditioning, Alarm System, Secured Building, Storefront, Visitor Parking
# Docks:
2
Services Connected:
Cable, Electricity, Fiber Optics at Lot Line, High Speed Internet Svc at Lot Line, Natural Gas, Telephone
Water Supply:
Municipal
HVAC:
Central A/C, Heat Pump
Power Type:
Three Phase
Roof:
Torch-On
Sewer Septic:
Mound
Potential to Redevelop:
No
Env Assmt Phase:
No
Original Price:
$2,200,000
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Listed by RE/MAX Crest Realty
Data was last updated May 19, 2024 at 08:10 PM (UTC)
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