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1st Floor - Unit 3670
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Retail
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1,978 SF
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$2,117,910 USD
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Unit Size: 1,978 SF
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Condo Use: Retail
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Price: $2,117,910 USD
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Sale Type: Investment
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Price/SF: $1,070.73 USD
Sale Notes
This offering represents a rare chance to acquire a fully improved strata retail unit in Vancouver’s dynamic Collingwood neighborhood. The property spans 1,978 square feet and features a high-quality commercial kitchen with over $800,000 invested in build-out and equipment. Currently leased to an established restaurant operator, the asset delivers reliable income and approximately a 3.5% capitalization rate, making it an attractive option for investors seeking passive returns. PID: 030-421-110
Positioned steps from Joyce–Collingwood SkyTrain Station, the location benefits from exceptional transit connectivity and strong pedestrian traffic. The surrounding area is characterized by high-density residential developments, ensuring consistent local demand. Two dedicated underground parking stalls complement more than 20 free street parking spaces nearby, a significant advantage in this urban setting. This property combines modern construction, stable tenancy, and a prime transit-oriented location, offering long-term value and income security for discerning investors.
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