3670 Vanness Avenue, Vancouver, BC, V5R0G6

Property Details: - Type: Retail - Bedrooms: 0 - Bathrooms: 0 - MLS#: C8079036 Listed By: SUTTON GROUP-WEST COAST REALTY

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:65070) This retail listing located at 3670 Vanness Avenue, Vancouver is currently for sale and has been available on Zolo.ca for 1 day. The property was built in 2018. 3670 Vanness Avenue, Vancouver is in Vancouver.