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200 Victoria Avenue East
Eastview RG Regina S4N 0N4

$1,790,000
Commercial

Main Photo: 200 Victoria Avenue East in Regina: Eastview RG Commercial for sale : MLS®# SK983822
Photo 1: 200 Victoria Avenue East in Regina: Eastview RG Commercial for sale : MLS®# SK983822
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
SK983822
Bus Major:
restaurant
Presenting a rare opportunity to acquire a well-established, long-running Chinese restaurant that has been serving the Regina community for decades. This turnkey operation is ready for a new owner to take the reins and continue its legacy. Situated in a custom-built 4,844 sq. ft. building, constructed in 2004, this property was specifically designed to accommodate a high-volume Chinese restaurant. The layout includes a spacious, open-concept dining area, as well as private rooms ideal for banquets, company events, or special occasions. A buffet table is also featured, enhancing the versatility of the space. The well-equipped kitchen is built for efficiency and volume, featuring 5 woks, 3 deep fryers, a 4-burner stove, BBQ oven, prep tables, an 8x10 walk-in cooler, and a 4x6 walk-in freezer. Additionally, the basement houses a 12x8 freezer and a large storage area, providing ample space for inventory management.The restaurant offers 31 on-site parking spaces and is fully wheelchair accessible, ensuring convenience for all patrons. It has become the go-to destination for banquets and events, particularly within the local Chinese community. This business is waiting for a new owner to step in and capitalize on its established reputation and prime location. Don’t miss out on this exceptional commercial real estate opportunity in Regina!
Listing Area:
Regina
Listing Subarea:
Eastview RG
Property Type:
Commercial
Property Sub Type:
Business Brokerage
Year built:
2004 (Age: 20)
Total Floor Area:
4,844 sq. ft.
Taxes:
$26,357 / 2024
Frontage:
180'
Ownership Title:
Freehold
Business Type:
restaurant
Elevator:
None
Assets Include:
Equipment & Machinery, Fixtures, Leasehold Improvements
Smoke Detector:
Yes
Sprinkler system:
No
Heating:
Air Conditioning, Roof Top H/Vac
Construction:
Wood Frame
Alarm System Owned, Floor Drains, Onsite Parking, Store Front, Wheelchair Access
Parking Facility: Yes
Power Type:
Three Phase
Lot Size:
16,601 sq. ft.
Parking Places:
31.0
Date Listed:
Days on Mkt:
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Listed by RE/MAX Saskatoon
Data was last updated December 25, 2024 at 05:35 AM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$544,000
Min list price:
$550
Max list price:
$4,030,000
Avg days on market:
145
Min days on market:
3
Max days on market:
357
Avg price per sq.ft.:
$153.53
These statistics are generated based on the current listing's property type and located in Regina. Average values are derived using median calculations.
Harry Sheppard
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