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Cultus Lake Pub & Liquor Store 3696 Columbia Valley Rd

5,865 SF 100% Leased Retail Building Cultus Lake, BC V2R 5A3 $3,800,784 USD ($648 USD/SF) 7.74% Cap Rate

Investment Highlights

  • The Cultus Lake area is rapidly gaining recognition as a popular destination for both family-oriented and youth entertainment and recreation.

Executive Summary

Well-established neighborhood 'PUB & LIQUOR STORE' in the popular Cultus Lake area. This thriving business, the only one of its kind in the region, caters to both locals and tourists. The venue offers over 100 seats inside, with additional seating for about 20 on the patio, all within a charming spruce and pine log building situated on 1.2 acres of flat, well-shaped rectangular land. The property includes both the pub and beer/wine store, presenting a rare investment opportunity with high profit potential. The parking lot is very spacious and ample, making parking convenient. Located just 1.5 hours from downtown Vancouver, this business is well-positioned in a high-traffic tourist area. For inquiries, please contact the listing agent only. Do not approach the owner or staff. Don’t miss out on this opportunity! Email me choijaedong@gmail.com

Property Facts

Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Building Size
5,865 SF
Year Built
1977
Price
$3,800,784 USD
Price Per SF
$648 USD
Cap Rate
7.74%
NOI
$294,042 USD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
1.20 AC
Zoning
C1 & C2

About 3696 Columbia Valley Rd , Cultus Lake, BC V2R 5A3

* Address : 3696 COLUMBIA VALLEY RD CULTUS LAKE RD V2R 5A3 (PID: 003-493-474) 3736 COLUMBIA VALLEY RD CULTUS LAKE RD V2R 5A3 (PID: 002-310-520) * DBA : Cultus Lake Pub and Liquor * Sales breakdown: Approximately 70% from liquor store, and 30% from pub * Land : 1.2 Acre * Building : 5,865 sf * Interest : Freehold ? Zone : C-1 & C-2 ? Built in : The pub was built in 1977, and the liquor store was built in 1984 ? Operating by : employees and owner ? Employee : 2 full timer + 3 part timers ? Manager's room : RV, and 1 room with bathroom

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Pub & Liquor operated by owner and employee
  • -
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Pub & Liquor operated by owner and employee - - - -
  • Listing ID: 33026925

  • Date on Market: 8/31/2024

  • Last Updated:

  • Address: 3696 Columbia Valley Rd, Cultus Lake, BC V2R 5A3

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