For Sale · Vancouver · Business

$225,000

1944 W 4TH AVENUE, Vancouver

1,980

Sq Ft

About This Home

The details.

Rare opportunity to acquire an established, award-winning restaurant in the heart of Kitsilano. Fable Kitchen is a well-known neighbourhood dining destination with a loyal customer base and strong reputation. Located on busy West 4th Avenue, this fully built-out restaurant offers approximately 1,980 sq. ft. of licensed restaurant space with an attractive lease in place through August 2030 plus a 5-year renewal option. The current lease rate is $9,900/month base rent for 2026, with additional rent estimated at approximately $4,205/month, bringing the total monthly occupancy cost to approximately $14,105/month plus GST. Licensed for 72 seats, including 56 interior seats and 16 patio seats, with Food Primary Liquor Licence and Catering Endorsement in place. Liquor service is permitted daily from 9:00 AM to midnight. This is an exceptional opportunity for an owner-operator or hospitality group to acquire a highly recognizable restaurant in one of Vancouver's most desirable dining dis (id:66635)

Summarizing the highlights...

MLS® C8079754Listing courtesy of RE/MAX Real Estate ServicesView on map

Property Details

Facts & features.

Property type: Business
Size: 1,980 sqft
MLS number: C8079754
Data source: Greater Vancouver REALTORS®

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$1,052

$180,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$1,052

Cash flow

-$1,052

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Vancouver right now

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New this week

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Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Vancouver.

Household and demographic stats for Vancouver, from the Statistics Canada 2021 Census.

662,248
Population (2021): 39.6
Median age: 305,335
Households: 2.1
Avg household size: 45.5%
Home ownership: $82,000
Median household income

Vancouver neighbourhood guide Full census profile Vancouver market trends

Source: Statistics Canada 2021 Census, Vancouver, City (CY).

Public Records

What the city has on file.

Independent reference data for this property from the City of Vancouver assessment roll (2026 assessment).

1952
Year built (city records): $1,324,000
Assessed land value: $1,763,000
Assessed improvements: $3,087,000
Total assessed value: C-2A
Zoning district: Freehold land
Ownership class

Assessed values are the municipal tax assessment, not a market appraisal. Contains information licensed under the Open Government Licence, City of Vancouver.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.