Presented by Robert J. Iio Personal Real Estate Corporation — Team 110 RE/MAX Real Estate (Kamloops).
Maintenance,
$1,240.17 MonthlyRare opportunity to acquire a well-maintained 1,934 sqft strata retail unit located along the vibrant Lonsdale Avenue corridor in North Vancouver. Currently leased to a successful restaurant tenant, providing stable and reliable rental income. The space features high ceilings, commercial Kitchen, a unique second-floor seating area, and an additional 98 sqft patio that enhances the dining atmosphere. Situated on one of North Vancouver's busiest commercial streets, the property benefits from strong visibility, heavy foot traffic, and surrounding high-density residential and retail amenities. Includes one parking stall and one storage locker, with ample street parking nearby. Currently generating approximately a 3.5% cap rate, this property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. (id:61048)
| MLS® Number | C8077008 |
| Property Type | Retail |
| Neigbourhood | The Shipyards Common |
| Constructed Date | 2013 |
| Size Interior | 1,934 Ft2 |
| Acreage | No |
| Zoning Description | Cd-599 |
https://www.realtor.ca/real-estate/29469575/228-lonsdale-avenue-north-vancouver
Contact us for more information
Eric Lee
Personal Real Estate Corporation, Ted Cho Real Estate Group
(604) 415-9800
(604) 415-9988
www.suttonwestcoast.com/
Ted Cho
Personal Real Estate Corporation, Ted Cho Real Estate Group
(604) 415-9800
(604) 415-9988
www.suttonwestcoast.com/