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1000-1012 Beach Ave
Vancouver, BC V6E 1T7 Downtown Vancouver

$1,759,983 USD

Apartments Condo For Sale  •  1,423 SF

Property Details

  • Property Type Apartments
  • Total Building Size 173,448 SF
  • Lot Size 1.22 AC
  • Building Class B
  • Year Built 1991
  • Zoning CD-1
90 Transit Score
100 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 3 Retail 1,423 SF $1,759,983 USD
  • Unit Size: 1,423 SF
  • Condo Use: Retail
  • Price: $1,759,983 USD
  • Sale Type: Investment
  • Price/SF: $1,236.81 USD
Description
Rare opportunity to own a premier waterfront commercial unit on Vancouver's iconic Seawall. Located at 3 1010 Beach Avenue in the prestigious Beach District, this fully built-out restaurant space offers exceptional exposure with high pedestrian and cyclist traffic year-round. Featuring approximately 1,423 sq. ft., the unit includes commercial venting, a well-equipped kitchen, permitted seating for up to 56 guests, a patio area, an accessible washroom, and direct access to the loading area and garbage room.

Sale Notes
Situated within the renowned 1000 Beach development, this prime location enjoys stunning views of False Creek, English Bay, and the North Shore Mountains. Two underground parking stalls are included. Surrounded by luxury residences, popular attractions, Granville Island, and downtown amenities, this is an exceptional investment opportunity in one of Vancouver's most sought-after waterfront locations!

Description 

Prime beachfront setting with stunning views of English Bay and the North Shore Mountains. The area is vibrant and scenic, with a diverse mix of local residents, tourists, and office workers, ensuring a consistent flow of potential customers. The seawall, a popular running and biking path, passes directly in front of the property, attracting thousands of visitors daily. The surrounding area features a range of successful restaurants, cafes, and retail shops, and is conveniently located near major attractions like Stanley Park, English Bay Beach, and the Vancouver Aquarium, making it an ideal location for a restaurant business.

Highlights

Permitted restaurant seating for 56
2 underground parking stalls with parking revenue
Fully built-out restaurant space with venting and patio space
Waterfront location with direct exposure to the seawall bike/running path
Annual built-in rent escalations
Lease expiry Dec 31, 2027 with 5 year option to renew

Amenities

  • Waterfront

Public Transportation

Commuter RailDriveWalkDistance
Waterfront Station Eastbound (West Coast Express - TransLink) 7 min - 2.1 mi
Waterfront Station (West Coast Express - TransLink) 7 min - 2.1 mi
Transit/SubwayDriveWalkDistance
Yaletown-Roundhouse Station (Canada Line - TransLink) 3 min 14 min 0.8 mi
Burrard Station (Expo Line - TransLink) 4 min 19 min 1.0 mi
Vancouver City Centre Station (Canada Line - TransLink) 4 min 20 min 1.0 mi
Olympic Village Station (Canada Line - TransLink) 5 min 20 min 1.5 mi
AirportDriveWalkDistance
Vancouver International 28 min - 9.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Imran Ali 778-238-9258 eXp Realty | The Align Group
Imran Ali 778-238-9258 eXp Realty | The Align Group