About 588 Old Hope Princeton Way

This is an excellent opportunity to acquire the full interest in the land, building and business at the busiest high-exposure highway corner site in the market. In addition to a very profitable and well-maintained turn-key restaurant, the opportunity includes excess land with excellent development potential as box retail, strip retail or hotel/motel. The property comprises 2.5 acres over two lots on Old Hope Princeton Way. Hope is 1.5 hours east of Vancouver at the junction of Highways 1,3,5 and 7, and is only 45 minutes from the Abbotsford International Airport and the US border. The city is a popular stop for travellers in southern BC, and the low Canadian dollar is resulting in higher volumes of tourists in the area. Hope is also experiencing economic growth in its industrial and commercial sectors as developments push out of urban centres to the west. The restaurant is an old-fashioned 120-seat diner famous for home-cooked food and hospitality. Both the building and the equipment have been meticulously maintained and updated, and pride of ownership shows throughout the restaurant. This is an attractive business opportunity with excellent profit potential based on a long-term stable sales track record.

3 suites available

2,000 SF
Undisclosed
1,800 SF
Undisclosed
1,000 SF
Undisclosed
  • Property Type Land
  • Zoning C2
  • Total Available Space 0.11 ac
  • Direct Available Space 0.11 ac
  • Sublet Available Space 0.00 ac
  • Min Divisible 0.02 ac
  • Max Contiguous 0.05 ac
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