+23 more
1,978 sqft
Building Area
2018
Year Built
About This Property
This retail in VANCOUVER offers 1,978 sqft of building area. Built in 2018. Monthly condo fee of $1,091.77.
MLS Remarks
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 : 4.5% (id:60351)
Overview
Property Typecommercial
Sub-Typeretail
Transactionsale
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