228 Lonsdale Avenue, North Vancouver, British Columbia V7M 2G1

Listed for:
$2,656,000
0 beds
0 baths
Listed 10 days ago
228 Lonsdale Avenue, North Vancouver, British Columbia V7M 2G1

View all 39 photos

About

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:27476)

Property Highlights

MLS® Number
C8077008
Type
Retail
Maintenance Fee
1240.17

Building

Square Footage
1934 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
Sutton Group-West Coast Realty
MLS® number:
C8077008
Agent:
Eric Lee
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).