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60 Queens Rd in Duncan: Du West Duncan Business for sale : MLS®# 948232

60 Queens Rd Duncan V9L 2W4 : Du West Duncan

Main Photo: 60 Queens Rd in Duncan: Du West Duncan Business for sale : MLS®# 948232
$489,000
Prop. Type:
Commercial Sale
MLS® Num:
948232
Status:
Active
Ever dreamed of owning your own bar—well, here's your chance! Jacs on Queens, a distinguished legacy of over four decades, is ready for its new owners! It proudly possesses a rare and coveted liquor primary license, easily transferable to those ready to helm its journey forward. Transitioning into ownership here is a breeze, thanks to a turnkey setup and extended operating hours until 1:00 am—an exclusive privilege in Duncan, setting it apart as the ultimate late-night destination in town. 8 beer taps, a lively dance floor, DJ gear, a classic pool table, multiple TVs for game nights, and an array of gaming machines—ensuring there's something for everyone. But wait, there's more—a legal 700 sqft smoking patio with natural gas heaters. For those with entrepreneurial zeal, Jacs on Queens presents an irresistible opportunity to infuse this nostalgic gem with fresh energy and innovation, leaving a mark on its storied history.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Assignment of Lease, Sale Of Shares
Lease Term:
10 Years
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du West Duncan, Duncan
Bathrooms:
- (Full:-/Half:-)
Taxes:
Electricity:
Yes
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Linoleum, Mixed, Vinyl
Commercial Area:
Cooling:
Air Conditioning
Heating:
Heat Pump
Fireplace:
No
Pending Date:
Equip/Machinery, Fixtures, Goodwill, Inventory, Parking, Supplies, Trade Name(s)
Balcony/Deck
Mountain(s)
Bar is located upstairs at 60 queens.
Main Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Duncan
Legal Description:
Units in Building:
Units in Community:
Other Equipment:
Security System
Utilities:
Cable Connected, Electricity Connected, Garbage, Natural Gas Connected, Phone Connected
Parking Features:
On Site
Business Name:
Jac's On Queens
Business Type:
Restaurant/Bar
Business Established Year:
1970
Total Units:
Date Listed:
Nov 23, 2023
Original Price:
583000.0
Listed by RE/MAX Generation (CH)
Data was last updated April 29, 2024 at 02:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.