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Investment Highlights

  • Direct waterfront location with breathtaking ocean views and private beach access.
  • Established restaurant and bar generating consistent income and strong seasonal demand.
  • Located within 30 minutes of downtown Vancouver, BC, capturing international visitor traffic.
  • Resort Commercial zoning offering wide-ranging development and repositioning options.
  • Additional passive income from a leased liquor store on-site for diversified revenue.
  • Event-ready property ideal for weddings, corporate gatherings, and private functions.

Executive Summary

This property is sold "as-is" so much value in the land, and rare zoning! Exceptional waterfront restaurant and bar investment in Point Roberts, Welcome to the Reef! just 30 minutes from downtown Vancouver, BC. This income-producing, Resort Commercial–zoned property offers a rare combination of waterfront location, beach rights, multiple revenue streams, and long-term upside. Positioned directly on the water, the restaurant delivers breathtaking ocean views, cool sea breezes, and a true destination dining experience that consistently attracts locals, tourists, and cross-border traffic. The setting is ideal for events, private parties, weddings, and corporate gatherings, creating significant potential to expand revenue beyond daily operations. The property also benefits from additional passive income via a leased on-site liquor store, providing diversification and stability. Resort Commercial zoning allows for a wide range of uses, making this an attractive asset for both owner-operators and investors seeking flexibility, redevelopment potential, or future repositioning. Point Roberts is one of the Pacific Northwest’s most unique coastal communities — a waterfront enclave with limited commercial inventory, a loyal customer base, strong seasonal demand, and proximity to a major international metro. Waterfront commercial properties with income, zoning flexibility, and this level of location appeal are exceptionally rare.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,643 SF
Building Class
C
Year Built
1987
Price
$1,786,073 CAD
Price Per SF
$206.65 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.19
Lot Size
1.04 AC
Zoning
34156 - RC
Frontage
135’ on Gulf Rd
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
405304-453127-0000
Land Assessment
$919,748 CAD
Improvements Assessment
$249,248 CAD
Total Assessment
$1,168,996 CAD
  • Listing ID: 40585401

  • Date on Market: 2026-05-19

  • Last Updated:

  • Address: 1334 Gulf Rd, Point Roberts, WA 98281

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