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8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North) : MLS®# C8077084


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8968 University High Street
Simon Fraser Univer. Burnaby V5A 4Y6

$110,000
Business

Doorway to property with stone siding
Photo 1: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
Photo 2: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
Photo 3: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
Photo 4: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
Status:
Active
Prop. Type:
Business
MLS® Num:
C8077084
Bus Major:
Food & Beverage
Build. Type:
Freestanding
Well-established Korean restaurant operating successfully at SFU for over 10 years. The current owners are retiring, creating an excellent opportunity for a new operator to take over this long-running business. The space was renovated with new equipment and has been very well maintained. No full commercial kitchen - equipped with a warmer and steam hood system. No gas and no grease trap, making it easier to manage and ideal for light cooking or simplified food concepts. Featuring ample indoor seating plus outdoor patio seating. Located in a high-traffic area surrounded by newly built residential homes and growing community developments. Great turnover opportunity with strong existing presence. Perfect for first-time operators or anyone looking for an easy-to-manage restaurant in a prime location.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Other
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
GAWON EXPRESS KOREAN CUISINE
Business Type:
Food & Beverage, Restaurant
Business Established Year:
2019
Building Type:
Freestanding
Living Area:
1,294 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Parcel Number:
800184924
No
No
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
    Doorway to property with stone siding
  • Photo 2: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
    Bar featuring light countertops, green cabinetry, a drop ceiling, and decorative light fixtures
  • Photo 3: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
    Dining space featuring a paneled ceiling and wood finished floors
  • Photo 4: 8968 University High Street in Burnaby: Simon Fraser Univer. Business for sale (Burnaby North)  : MLS®# C8077084
    Kitchen view of high end fridge
Listed by Royal First Realty
Data was last updated March 20, 2026 at 07:40 AM (UTC)
Eric Lin
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