Type: Warehouse
$124,900
About this Warehouse in Grandview Woodland
Located in the heart of Commercial Drive, this ~750 sq ft turn-key wellness spa is a high-yield asset in one of Vancouver's most stable demographics. At $124,900, the business is priced for a quick exit and includes approximately $75,000 in equipment and leasehold improvements. This allows an investor or owner-operator to acquire a proven revenue stream for a fraction of a new build-out cost. Two Registered Massage Therapists (RMTs) currently sublease on-site, providing immed…iate passive income that significantly offsets occupancy costs. The business features a streamlined subcontractor model and a loyal client base, making it ideal for a semi-absentee owner. With a five-year lease renewal option and prime pedestrian traffic, this represents a de-risked opportunity in a top-tier retail corridor.
Listed by eXp Realty of Canada, Inc..
Located in the heart of Commercial Drive, this ~750 sq ft turn-key wellness spa is a high-yield asset in one of Vancouver's most stable demographics. At $124,900, the business is priced for a quick exit and includes approximately $75,000 in equipment and leasehold improvements. This allows an investor or owner-operator to acquire a proven revenue stream for a fraction of a new build-out cost. Two Registered Massage Therapists (RMTs) currently sublease on-site, providing immediate passive income that significantly offsets occupancy costs. The business features a streamlined subcontractor model and a loyal client base, making it ideal for a semi-absentee owner. With a five-year lease renewal option and prime pedestrian traffic, this represents a de-risked opportunity in a top-tier retail corridor.
Listed by eXp Realty of Canada, Inc..
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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- MLS®: C8076233
- Type: Warehouse
- Sub Type: Personal Services