5308 Grimmer Street, Burnaby
This thriving **Franchise** offers an excellent opportunity to own a well-established bubble tea business located at in a convenient and well-connected neighbourhood with strong local traffic and a loyal customer base. 1. Prime Burnaby Location: Serves a strong and growing local customer base with excellent neighbourhood exposure. 2. Fully Operational: Includes modern equipment, signature recipes, and an established business setup, allowing for a smooth and immediate takeover. 3. Established Customer Base: Enjoys steady demand from local residents and nearby businesses, providing consistent year-round business potential. 4. Growth Potential: Opportunities to increase revenue through mobile ordering, delivery, catering, marketing, and extended operating hours. 5. Turnkey Opportunity: A great option for an owner-operator looking to step into an established bubble tea business with an existing brand and operational system. 6. Franchise Transfer Support: a smooth transition for the new owner. (id:1945)
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Property details for 5308 Grimmer Street, Burnaby
- Type
- Commercial
- Living Area
- 661 square feet
Nearby Listings Stat
Estimated price and comparable properties near 5308 Grimmer Street
Active Listings
528
Min Price
$35,000
Max Price
$8,500,000
Avg Price
$1,112,873
Days on Market
87
days
Sold Listings
142
Min Sold Price
$135,000
Max Sold Price
$4,988,000
Avg Sold Price
$1,110,437
Days until Sold
79
days
Neighbourhood Census Data
Burnaby, British Columbia / Colombie-Britannique
Population
2,703
Median Age
35.1
Median Income
$29,120
Dwelling Value
$450,302
Housing Tenure
Owners 67%
Renters 33%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 3,038.1/km²
Avg Shelter Cost: $1,601/mo
Owners with Mortgage: 79.9%
Owners Spending 30%+: 40%
Tenants Spending 30%+: 59%
English only: 85.9%
French only: 0.2%
English and French: 4.3%
Neither: 9.8%
Median Household Income: $59,872
Median Employment Income: $33,728
Price History
Listed
August 13, 2026
by Latitude Realty Inc.
Current Price
$258,800
Type
Commercial
For Sale
