604.362.2432

228 Lonsdale Avenue, Lower Lonsdale, North Vancouver

$2,656,000

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228 Lonsdale Avenue, Lower Lonsdale, North Vancouver
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Features

 
MLS®:C8077008
Type:Retail
Taxes:$23761.74
 
Year Built:2013
 

About this Property

 

"About this Retail in Lower Lonsdale, North Vancouver"

 

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.

Listed by Sutton Group-West Coast Realty.

 
 

Vancouver, Fraser Valley and Chilliwack MLS® Reciprocity Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Sophia Chea 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.

 

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