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123 CLS Blvd
PQ Parksville Parksville V0T 0B0

$299,000
Commercial Sale

Mexican Food
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1044653
A well-established and highly profitable Mexican restaurant in the heart of Vancouver Island's Oceanside region, offered for sale for the first time. The turnkey operation seats 70 guests indoors with an additional 25 seat patio, giving strong capacity through the busy summer season and comfortable year-round dining. The restaurant has built an excellent reputation over many years and enjoys a loyal base of repeat local customers, complemented by steady tourist traffic from the region's visitors, seasonal residents and nearby resort communities. Notably, the current owners operate just five days a week, 11:00 am to 7:30 pm, leaving clear upside for a new owner to extend hours and add operating days, along with obvious potential in late dining, catering and delivery. Fully equipped kitchen in place. Financial and lease details available to qualified buyers upon signing a confidentiality agreement. Please do not contact staff or management directly.
Property Type:
Commercial Sale
Type:
Business
Commercial Type:
Business
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
PQ Parksville, Parksville/Qualicum
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0 sq. ft.
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
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 Parksville
Legal Description:
Units in Building:
Units in Community:
Parking Features:
On Site
Business Type:
Restaurant/Bar
Total Units:
Date Listed:
Jul 30, 2026
Original Price:
299000.0
  • Photo 1: 123 CLS Blvd in Parksville: PQ Parksville Business for sale (Parksville/Qualicum) : MLS®# 1044653
    Mexican Food
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Listed by Royal LePage Nanaimo Realty (NanIsHwyN)
Data was last updated August 19, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$485,000
Min list price:
$49,000
Max list price:
$7,900,000
Avg days on market:
105
Min days on market:
6
Max days on market:
464
These statistics are generated based on the current listing's property type and located in PQ Parksville. Average values are derived using median calculations. This data is not produced by the MLS® system.
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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.
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.