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496 DRAKE STREET, Vancouver, British Columbia, V6B 5S9

MLS® # C8064455
new listing
Commercial For Sale In Central Business District, Vancouver, British Columbia
$599,000
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
496 Drake Street, Vancouver, BC
  • Advertising
ACTIVE
496 DRAKE STREET, Vancouver, British Columbia, V6B 5S9
$599,000

Property Information:

The popular "Kurotaki Bubble Tea House" is located in Yaletown, adjacent to offices, stores, and high-rise residences. With an investment of nearly $600000 in renovations, 1900 sft space is vibrant and lovely. From the lofty ceiling to the twinkling neon lights and uniquely designed table areas with cushioned chairs, the ambiance is spacious and comfortable with a total seating capacity of 50 or even more. Lease terms until 2028 PLUS 2 options to renew for 5 years each! Current Net Rent is about $7000 + GST. The restaurant has received very positive online reviews for its delightful menu featuring signature recipe chicken and bubble teas without franchise fees. Additionally, it offers a variety of cocktails, beers (including draft beer), liquors , hamburgers, waffles, and rice dishes & Beef noodles to provide customers with a diverse experience. Easy to operate with full training provided. Showings by appointment ONLY. Please contact realtor for more info. (id:27)

Building Features:

  • Style: Business
  • Amenities: Street Lighting

Property Features:

  • Property Type: Business
  • Road Type: Paved road
  • Utility Type: Hydro - Available
  • Zoning: CD-1

Courtesy of: Unilife Realty Inc.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 496 DRAKE STREET, Vancouver, British Columbia, V6B 5S9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 496 DRAKE STREET , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 30.2 degrees Celsius.

Projected Avg. Temperature

Past
26.9℃
2050
30.2℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

14 storms expected in 2050

96/100

High

ClimateCheck®

Current data

This property, 496 DRAKE STREET , experiences 13 significant 2-day storms per year, with about 589.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 683.3mm of precipitation per year.

Precipitation Per Storm

Past
589.2mm
2050
683.3mm

48-Hour Storms Per Year

Past
13
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 496 DRAKE STREET, Vancouver, British Columbia, V6B 5S9

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$152,759.92

Average Number of Children

1.32

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.15 %

High school certificate or equivalent

20.12 %

Apprenticeship trade certificate/diploma

4.0 %

College/non-university certificate

14.89 %

University certificate (below bachelor)

3.98 %

University Degree

51.87 %

Commuter

Travel To Work

By Car

39.12 %

By Public Transit

21.27 %

By Walking

32.0 %

By Bicycle

4.09 %

By Other Methods

3.52 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

97.93 %

Houses

2.07 %

Own Vs. Rent

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