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$ 2,656,000
Est. payment /mo
Active
228 LONSDALE AVENUE North Vancouver, BC V7M2G1
1,934 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1934
Square Footage 1,934 sqft
Price per Sqft $1,373
MLS® Listing ID C8079019
Condo Fees $1,240/mo
Year Built 2013
Property Description
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% (id:24570)
Location
Province BC
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://storyboard.onikon.com/eric-lee/15
Listed by Sutton Group-West Coast Realty