The Reef
Business for Sale | 0.13% CAP | 8,643 SqFt
Marketing description
Investment highlights
Investment Highlights
Waterfront Commercial Property with Beach Rights
Rare opportunity to acquire a waterfront restaurant and liquor store property with deeded beach rights, providing direct access to the shoreline and creating a unique hospitality and lifestyle destination in Point Roberts.
Established Restaurant Location – “The Reef” Tenant
The property is currently leased to the well-known local restaurant The Reef, offering an established dining destination that draws both local residents and seasonal visitors.
Mixed-Use Commercial Asset
The property includes a restaurant, liquor store retail component, and a residential bedroom unit, creating flexible use potential for investors or future owner-operators.
Rare Resort Commercial (RC) Zoning
Zoned Resort Commercial, allowing a range of hospitality, retail, and tourism-related uses. This zoning provides long-term flexibility for redevelopment, repositioning, or continued restaurant operations.
Over 1 Acre of Commercial Land
Situated on approximately 1.04 acres (45,423 SF), the property offers substantial land value and long-term redevelopment potential within one of the limited commercial corridors in Point Roberts.
Unique Cross-Border Market
Located in the distinctive coastal community of Point Roberts, which attracts visitors from both the U.S. and nearby Canadian markets seeking dining, recreation, and waterfront experiences.
Owner-User or Value-Add Opportunity
Ideal for hospitality operators, investors seeking a coastal commercial asset, or buyers looking to reposition a waterfront property with strong tourism appeal.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
