3670 Vanness Avenue, Collingwood VE, Vancouver

$3,724,000 |   MLS® Number  C8077007

Retail for sale in Vancouver, Vancouver East, 3670 Vanness Avenue, 224982076 | Realtylink.org

Retail for sale

Year Built
2018
Floor Area
1,978 sqft
Gross Property Tax
$18,917.10 /year
Building Type
See Remarks
Zoning
CD-1(545)
92

Rare opportunity to acquire a well-maintained 1,978 sqft strata retail unit featuring a fully equipped commercial kitchen. Over $800,000 has been invested in the high-quality build-out and equipment. Leased to an established restaurant tenant, providing stable and dependable income. Ideally situated near Joyce–Collingwood SkyTrain Station and surrounded by numerous high-density residential developments, the location benefits from steady foot traffic and strong local demand. The property includes two underground parking stalls and more than 20 free street parking stalls in the immediate area., a significant advantage in this transit-oriented neighborhood. Currently generating approximately a 3.5% cap rate, this property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset.