3670 VANNESS AVENUE

Vancouver, BC, V5R0G6

Listed by Sutton Group-West Coast Realty

$2,590,000

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  • 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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