Collingwood VE, Vancouver East
3670 Vanness Avenue
Offered at $2,590,000
About this Retail in Collingwood VE, Vancouver East
Type: Retail
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%
Listed by Sutton Group-West Coast Realty.
Listed by Sutton Group-West Coast Realty.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Malcolm Hasman for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.
More Details About This Retail in Vancouver East
- MLS®C8081029
- TypeRetail
- ZoningCD-1(545)
- Sub TypeRetail
Work With An Angell Hasman Agent
To learn more about this Retail in Collingwood VE, Vancouver East:
- Inquire about details
- Book a showing
- Get a market report
Browse All Photos of 3670 Vanness Avenue, Collingwood VE, Vancouver East
Explore more