[Commercial property for Sale]
3670 VANNESS AVE Vancouver
$2,896,666

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%

https://my.matterport.com/show/?m=BxW9JDpYY6F

https://www.realtor.ca/real-estate/29469574/3670-vanness-avenue-vancouver

Eric Lee PREC*
Ted Cho Real Estate Group
Sutton Group West Coast Realty
Tedchoteam2@gmail.com
778 855 0240
https://www.instagram.com/ericleeprec