Bellingham Restaurants For Sale
Restaurant For Sale
The seller chose to retire last year and the restaurant was closed in September 2008 with revenue reflecting eight months, but it is a turn-key operation with twelve years success, solid customer base, great reputation with policies and procedures in place. Well developed property with updated septic, water and landscaping. There is plenty of room on main floor: dining room, bar, deli, kitchen and prep/storage: 2500 sq. feet, upstairs banquet room with dance floor, washroom and bar: 1700 sq feet; outdoor dining decks: 1152 sq feet. The property is as is, but owner is willing to consult with tenant. Owner is planning to do some exterior maintenance such as painting but any interior changes will be preapproved by owner and the responsibility of tentant. Seating for 60 on main floor with additional seating for 50 upstairs in private party room with dance floor and bar. Outdoor decks seat 60 guests seasonally. Restaurant has original fir floors, original windows, lathe and plaster walls, rock faced propane fireplaces. Complete plumbing and electrical upgrade in 1996.
Raised gardens behind restaurant used for growing organic vegetables, flowers and herbs. Large outdoor field with westerly view has been used for outdoor events including weddings, music festivals, barbeques, antique car shows, and other community events. Large parking area.
There is an option to purchase or lease (for extra $1,800 per month) the separate residence at rear of property with its very private westerly view of Straight of Georgia and Gulf Islands. Newer three bedrooms/two bath custom designed home. Open floor plan with special details including large wood picture window, vaulted ceiling with old growth fir beams, French doors opening onto second story deck. Master bedroom upstairs has Jacuzzi tub, walk in closet and attached ensuite bathroom. Master bathroom and kitchen has in floor radiant heat. Home features architecturally designed millwork, custom built cabinetry, tiling in bathrooms, and stainless steel appliances.
Point Roberts is a coast resort community in the furthest northwest corner of Washington State, 35 minutes south Vancouver, BC. Unique community with 1500+ current year round residents, increasing seasonally to over 5000. Virtually no crime and excellent school district. Recreational developments include: championship golf course; privately-owned marina; and small plane airstrip. Future development plans include exclusive residential development around golf course, private gated community with water views, and hotel/condo complexes at marina. Also, don't miss the upcoming Winter Olympics in nearby Vancouver!
Zoning allows many uses for the property including restaurant/bar, Bed and Breakfast, retail, office space, nursery, vineyard, or live on property and lease out business. Here is your opportunity to walk right in and earn money immediately. This is a great investment property.
This is an Add Value Alliance, Inc. listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
9am - 9pm Daily Summer
Facilities
Highlights
- Live the Dream!
- Profitable Restaurant in Coastal Community
- Profitable Turnkey Restaurant with Growth Potential.
- Lease Includes NNN, but Excludes Utilities
- Restaurant is Currently Closed, but Ready for Busy Tourist Season
- The Community Wants This Restaurant!
- Rare Commercially Zoned .75 Acres
- Separate Newer Custom 3BD, 2BA Home Available
- For extra $1,800, you can have a 1-minute walking commute!
- Short plat in process to separate home and restaurant land
- Option to purchase 1.54 Acres, and Newer Home in Coastal Resort Community!
Financing
Demographics
| Population | 5-mi |
|---|---|
| 2014 Total Population | 2,553 |
| Households | 5-mi |
| 2010 Number Of Households | 678 |
| 2010 Persons Per Household | 1.94 |
| Median House Value | $221,800 |
| Income Per Household | $39,500 |
| Businesses | 5-mi |
| 2009 Number Of Businesses | 51 |
| 2012 Number Of Employees | 486 |
| 2012 Total Annual Payroll | $7,011,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User. DRE License # 01339409.