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822 20th Street
Connaught Heights New Westminster V3M 4W8

$98,000
Business

Commercial storefront with large display windows, brick facade, and prominent signage
Photo 1: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 2: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 3: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 4: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 5: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 6: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 7: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 8: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Photo 9: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
Status:
Active
Prop. Type:
Business
MLS® Num:
C8082506
Bus Major:
Other
Build. Type:
See Remarks
Excellent opportunity to take over a well-established Vietnamese restaurant with approximately 20 years of operating history! The owner is ready to retire, creating a great opportunity for the next operator to continue the existing concept or bring in a new vision. This approximately 995 SF, 40-seat restaurant features a long Type 1 commercial hood and an efficient kitchen and dining setup. Ideally located in a convenient neighbourhood plaza with ample customer parking, surrounded by a large residential population and close to 22nd Street SkyTrain Station. High-exposure corner location along the busy 20th Street corridor, strategically positioned at the New Westminster and Burnaby border with convenient access to both communities. A strong location for dine-in, takeout and delivery business. Business sale only. Please do not approach staff or owner directly. Contact the listing agent for further information and private viewing.
Sale Type:
Asset
Lease Term:
5 Months
Sublease:
Yes
Ownership:
Other
Property Type:
Business
Commercial Type:
Other/See Remarks
Business Type:
Other
Num Storeys:
1
Building Type:
See Remarks
Living Area:
995 sq. ft.
Contiguous Spc:
995 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
800189579
No
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Commercial storefront with large display windows, brick facade, and prominent signage
  • Photo 2: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Additional content
  • Photo 3: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Stainless steel commercial kitchen hood system, stainless steel wall paneling, and a commercial gas range
  • Photo 4: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Additional content
  • Photo 5: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Additional content
  • Photo 6: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Additional content
  • Photo 7: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    White speckled countertop with dark wood-finish cabinet base
  • Photo 8: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Additional content
  • Photo 9: 822 20th Street in New Westminster: Connaught Heights Business for sale : MLS®# C8082506
    Recessed lighting, ceiling fan, grid ceiling, booth seating, and tile flooring
Listed by RE/MAX City Realty
Data was last updated October 2, 2026 at 10:35 PM (UTC)
JOE CHAHAL
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