3670 VANNESS AVENUE
Vancouver, BC, V5R0G6
Listed by Sutton Group-West Coast Realty
$2,590,000
- 1978 sq ft
Listed 77 days ago · MLS® C8081029
About this home
Rare opportunity to acquire a well-maintained 1,978 sqft strata retail unit featuring a fully equipped commercial kitchen. Over $800,000 has been invested in the high-quality build-out and equipment. Leased to an established restaurant tenant, providing stable and dependable income. Ideally situated near Joyce'Collingwood SkyTrain Station and surrounded by numerous high-density residential developments, the location benefits from steady foot traffic and strong local demand. The property includes two underground parking stalls and more than 20 free street parking stalls in the immediate area., a significant advantage in this transit-oriented neighborhood. This property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $130,350 /year, CAP RATE : 5% (id:66966)
Details
- Type
- Retail
- Size
- 1978 sq ft
- Property tax
- $21,162 (2026)
- Maintenance fee
- $1,092/month
- Municipality
- Vancouver
Interior
- Fireplace
- No
Building and exterior
- Year built
- 2018
Location
Location is approximate. See nearby homes on the map
Listed by Sutton Group-West Coast Realty.
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The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
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