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$ 498,000
Est. payment | /mo
$ 498,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Food & Beverage
Listing Status Active
Purchase Type Asset
MLS Listing ID C8070181
Property Sub-Type Food & Beverage
Property Description
Seize the opportunity to acquire The Ellis Restaurant and Bar, a long-standing and successful 120-seat, liquor-primary establishment in the highly sought-after Kitsilano neighborhood, just a short stroll from the beach. The premises spans 2331 sq ft and features a fully equipped commercial kitchen, an inviting bar area, and a covered patio. A beloved fixture in Kitsilano for many years, The Ellis underwent a comprehensive refurbishment in 2017, with an additional $100,000 invested in upgrades this year. This presents a unique chance to either continue operating a thriving business with a loyal customer base or to implement your own concept and leverage its already solid reputation. The current lease extends until the end of 2029 and includes a five-year renewal option with no demolition clause.
Location
Province BC
Community Kitsilano
Area Vancouver West
Zoning C1
Others
Ownership Leasehold

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