


MLS® Number
C8081029
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 : 5% (id:65271)
Listed at
$2,590,000
MLS® C8081029
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"At 4.84%, focus on the 25yr term to maximize early equity growth."
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Past sales for comparable properties — prices shown are list price at time of sale.
Grandview Woodland
2690 Kitchener Street
$1,799,900list price
2026-03
Kitsilano
207 1990 Dunbar Street
$928,800list price
2026-01
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