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8968 UNIVERSITY HIGH STREET, Burnaby, British Columbia, V5A 4Y6

MLS® # C8061445
Commercial For Sale In Simon Fraser University, Burnaby, British Columbia
$215,000
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
8968 University High Street, Burnaby, BC
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ACTIVE
8968 UNIVERSITY HIGH STREET, Burnaby, British Columbia, V5A 4Y6
$215,000

Property Information:

Fully renovated and well established Korean restaurant located in the heart of quickly growing University neighborhood. This is ONLY Korean restaurant in SFU. The space is spacious with a lot of seats with possible patio seats. Open and close hour is flexible. No ventilation and no liquor license. Monthly rent fee is $50psf base. This local favorite is easy to operate and has many regulars. Great opportunity to take over existing concept or change over to a new concept and menu. Lease term until 2019, plus 10 years renewal option. Please contact the listing agent for more information. (id:27)

Property Features:

  • Property Type: Business
  • Zoning: BUSINESS ONLY SALE

Courtesy of: Prompton Real Estate Services Inc.

REALTOR.ca  

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Market Price Trends

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Location of 8968 UNIVERSITY HIGH STREET, Burnaby, British Columbia, V5A 4Y6

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-Low

26 hot days expected in 2050

Projected Precipitation Risk: High

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

34/100

Moderate-Low

ClimateCheck®

Current data

This property, 8968 UNIVERSITY HIGH STREET , experiences 7 hot days per year at around 28.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 31.8 degrees Celsius.

Projected Avg. Temperature

Past
28.5℃
2050
31.8℃

# Hot Days Per Year

Past
7
2050
26

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

97/100

High

ClimateCheck®

Current data

This property, 8968 UNIVERSITY HIGH STREET , experiences 13 significant 2-day storms per year, with about 758.8mm 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 875.5mm of precipitation per year.

Precipitation Per Storm

Past
758.8mm
2050
875.5mm

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 8968 UNIVERSITY HIGH STREET, Burnaby, British Columbia, V5A 4Y6

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$124,200.00

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

3.14 %

High school certificate or equivalent

30.69 %

Apprenticeship trade certificate/diploma

3.75 %

College/non-university certificate

11.22 %

University certificate (below bachelor)

3.14 %

University Degree

48.06 %

Commuter

Travel To Work

By Car

67.96 %

By Public Transit

19.01 %

By Walking

10.21 %

By Bicycle

1.06 %

By Other Methods

1.76 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

81.56 %

Houses

18.44 %

Own Vs. Rent

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