REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment /mo
New
228 Lonsdale AVE North Vancouver, BC V7M 2G1
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8079019
HOA Fees $1,240
Year Built 2013
Annual Tax Amount $23,761
Tax Year 2025
Property Sub-Type Retail
Property Description
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. This property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $92,973/year. CAP RATE : 3.5%
Location
Province BC
Community Lower Lonsdale
Area North Vancouver
Zoning CD-599
Exterior
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Ownership Strata
Virtual Tour https://storyboard.onikon.com/eric-lee/15