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$ 695,000
Est. payment | /mo
$ 695,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cordova Bay
MLS® Listing ID 1024083
Property Sub-Type Freehold
Property Description
Rare opportunity to acquire a long-standing and highly profitable restaurant in one of Victoria's most desirable seaside communities. Adrienne's Restaurant, established in 1957, is a beloved local institution located at the iconic Mattick's Farm, drawing steady traffic from both locals and tourists year-round. The business occupies approximately 3,000 sq ft and operates three complementary revenue streams under one roof: a full-service restaurant, a high-volume café and bakery, and a popular ice cream parlour. This diversified model has allowed the business to remain consistently profitable for years, providing great returns for the owners. The restaurant is fully licensed with seating for up to 86 guests, plus a recently expanded 650 sq ft licensed patio. A full management team is in place, making this an ideal opportunity for an owner-operator or semi-absentee investor. The business benefits from excellent on-site parking (30+ stalls directly in front plus ample complex parking) and a prime location within a nearly 5-acre retail destination anchored by Red Barn Market, Liquor Plus, mini-golf, and numerous boutique retailers. The property is directly across from Cordova Bay Golf Course and offers quick access to the Pat Bay Highway. Please do not approach staff or ownership directly. (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by Pemberton Holmes Ltd.
Nearby Locations
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