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228 Lonsdale Avenue North Vancouver, British Columbia V7M 2G1

1934 sqft

$2,656,000

Maintenance,

$1,240.17 Monthly

Rare opportunity to acquire a well-maintained 1,934 sqft strata retail unit located along the vibrant Lonsdale Avenue corridor in North Vancouver. Currently leased to a successful restaurant tenant, providing stable and reliable rental income. The space features high ceilings, commercial Kitchen, a unique second-floor seating area, and an additional 98 sqft patio that enhances the dining atmosphere. Situated on one of North Vancouver's busiest commercial streets, the property benefits from strong visibility, heavy foot traffic, and surrounding high-density residential and retail amenities. Includes one parking stall and one storage locker, with ample street parking nearby. Currently generating approximately a 3.5% cap rate, this property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. (id:54441)

Property Details

MLS® Number C8077008
Property Type Retail

Building

Constructed Date 2013
Size Interior 1934 Sqft

Land

Acreage No
Zoning Description Cd-599

https://www.realtor.ca/real-estate/29469575/228-lonsdale-avenue-north-vancouver

Interested?

Contact us for more information


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Eric Lee
Personal Real Estate Corporation, Ted Cho Real Estate Group

(778) 855-0240

Sutton Group-West Coast Realty
#102 - 403 North Road
Coquitlam, British Columbia V3K 3V9

(604) 415-9800
(604) 415-9988
www.suttonwestcoast.com/

Ted Cho
Personal Real Estate Corporation, Ted Cho Real Estate Group

(604) 440-5726
www.tcho.ca/

Sutton Group-West Coast Realty
#102 - 403 North Road
Coquitlam, British Columbia V3K 3V9

(604) 415-9800
(604) 415-9988
www.suttonwestcoast.com/

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