Image: Stella Yiu, realtor / Mandarin Garden Buffet in Chilliwack is up for sale with an asking price of $780,000. The sellers behind the restaurant are looking to retire. 

By Mike Vanden Bosch

Chilliwack restaurant, land for sale

Chinese restaurant in Chilliwack hits the market as sellers look to retire

Aug 15, 2024 | 6:01 PM

CHILLIWACK — Mandarin Garden Buffet, a fixture on Luckakuck Way that has been serving the Chilliwack area with Chinese cuisine since 1998, is up for sale along with the land encircling the restaurant.

According to the text of a commercial real estate ad from realtor Stella Yiu, Mandarin Garden Buffet at 45295 Luckakuck Way has hit the market with an asking price of $780,000 for the freestanding 6,776-square foot restaurant adjacent to McDonald’s and The Brick.

If buyers purchase the land, the present lease is $6,000/month with an expiration date of December 14, 2028, plus a renewal term of five years.

The sellers behind the restaurant are looking to retire, realtor Stella Yiu told Fraser Valley Today in a phone call Thursday evening.

The commercial lot itself, not the restaurant, is 39,771 square feet in size on a 0.91-acre lot boasting Highway 1 exposure. It carries an asking price of $5,250,000. BC Assessment has valued the commercial property with the restaurant at $3.1 million. The restaurant was built in 1986.

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Mandarin Garden offers both dine-in and take-out food six days a week. The location houses a banquet room designed for large parties. The buffet is available for both lunch and dinner, with separate prices for both meal times (lunch is $18.95 plus GST, dinner is $24.95 plus GST).