Business for sale
2814 W 3rd Avenue, Kitsilano, Vancouver
                                            
                                            
                                            $4,695,000
                                            
                                            
                                             
                                        
                                    Features
Year Built
        
            
                1912
            
        
    Floor Area
        
            
                4,936 sqft
            
        
    Lot Size
        
            
                3,960 sqft
            
        
    Gross Property Tax
        
            
                $7,612.70 /year
            
        
    Building Type
        
            
                Low Rise (2-4 storeys)
            
        
    Building / Complex Name
        
            
                Alma Beach Suites
            
        
    Zoning
        
            
                RT-8
            
        
    # of Parking Spaces
            
                
                    4
                
            
        
            Amenities
        
        Balconies, Laundry Facility
    Major Business Type
        Accommodation Travel & Tourism
    Minor Business Type
        Hotel/Motel
    Business Name "doing business as"
        Alma Beach Suites
    Business Operating Since
        2014
    Confidentiality Agreement Required
        Yes
    Description
                                                Turnkey investment (property+business) opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem!
                                            
                                        MLS® Number C8069166