Turnkey Restaurant & Bar for Sale in Lower Lonsdale, North Vancouver

Raman Bayanzadeh
Jul 14
3 min read

The CRE Investment & Development Team at Royal LePage Commercial, together with Frank Pupo of RE/MAX Crest Realty, is pleased to present Finch & Barley Restaurant & Bar, a turnkey restaurant and bar opportunity located at 250 East 1st Street in Lower Lonsdale, North Vancouver.

An exceptional opportunity to acquire a fully built-out restaurant & bar in North Vancouver’s Lower Lonsdale neighbourhood. Finch & Barley offers a turnkey hospitality venue with an approved total capacity of 87 occupants, including 42 dining seats, 9 bar seats, and a 30-seat licensed patio, plus staff.

The establishment holds a Food Primary Liquor License permitting liquor service from 11:00 AM to 1:00 AM Monday through Saturday and until midnight on Sundays, along with a Patron Participation Entertainment Endorsement allowing live entertainment, music, and dancing. These approvals provide significant flexibility for operators seeking to create a vibrant restaurant, lounge, or nightlife concept.

This offering is primarily a setup and asset sale, providing a new operator with a fully built commercial kitchen, professional ventilation system, bar infrastructure, and dining area already in place. The space has been professionally improved and allows a purchaser to avoid the significant time, cost, and uncertainty typically associated with restaurant construction, permitting, and liquor licensing.

Located at 250 East 1st Street, the property sits two blocks east of Lonsdale Avenue, close enough to benefit from the energy of the Lower Lonsdale entertainment and brewery district while offering a neighbourhood setting within a dense residential area of North Vancouver.

A key highlight of this opportunity is the very low rental rate for the area, which is increasingly rare in the Lower Lonsdale market. A purchaser can benefit from exceptionally low rent of approximately $4,500/month +GST, all-inclusive, on a 5 year lease with two additional 5 year renewal options, providing long-term operational stability. As the building has heritage status, the lease does not contain demolition provisions, offering additional long-term security for an operator establishing their concept in the space.

With a licensed patio, late-night liquor service, entertainment approvals including dancing, and a fully built commercial kitchen, Finch & Barley represents a rare opportunity to acquire a ready-to-operate hospitality venue in one of North Vancouver’s most established dining districts.

Property and Business Highlights

• Location: 250 East 1st Street, North Vancouver, BC

• Business: Finch & Barley Restaurant & Bar

• Sale Type: Asset sale including leasehold interest, licences and equipment, subject to applicable approvals

• Premises: Approximately 1,362 SF plus patio

• Asking Price: $188,000 plus applicable taxes

• Inventory: Not included

• Lease Term: 5 years with two additional 5 year renewal options

• Demolition Clause: None

Liquor and Entertainment Approvals

The establishment currently holds a Food Primary Liquor Licence with permitted liquor service hours of:

• Monday to Saturday: 11:00 AM to 1:00 AM

• Sunday: 11:00 AM to 12:00 AM

Additional approvals include a Patron Participation Entertainment Endorsement, with live entertainment, music and dancing permitted and entertainment permitted until midnight daily

Any purchaser should independently confirm all licensing, transfer requirements and approvals applicable to their proposed concept.

A Turnkey Hospitality Opportunity

With a fully built commercial kitchen, established bar, approved patio, liquor service, entertainment approvals and a long term lease structure, this offering provides a strong platform for an operator looking to establish a restaurant, bar, lounge or entertainment oriented hospitality concept in North Vancouver.