About this Retail in Lower Lonsdale
Rare 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 pr…operty 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. This property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $92,973/year. CAP RATE : 3.5%
Listed by Sutton Group-West Coast Realty.
Rare 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. This property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $92,973/year. CAP RATE : 3.5%
Listed by Sutton Group-West Coast Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Ken Stef for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details
- Type: Retail
- Sub Type: Retail
More About Lower Lonsdale, North Vancouver
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Postal Code: V7M 2G1
