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- Status:
- Active
- Prop. Type:
- Retail
- MLS® Num:
- C8079036
- Build. Type:
- See Remarks
- Photos (25)
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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. This property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $130,350 /year, CAP RATE : 4.5%
- Sale Type:
- Asset
- Sublease:
- Yes
- Ownership:
- Strata
- Property Type:
- Retail
- Commercial Type:
- Retail
- Construction:
- Other
- Building Type:
- See Remarks
- Home Owners Association:
- Yes
- Year built:
- 2018 (Age: 8)
- Living Area:
- 1,978 sq. ft.
- Lot Area:
- 0 sq. ft.
- Zoning:
- CD-1(545)
- Electricity:
- No
- Sewer:
- Public Sewer
- Parcel Number:
- 030421110
- Taxes:
- $18,917.1 / 2025
- No
- Water Supply:
- Public
- Water Rights:
- No
- Env Assmt Phase:
- No
- Association Fee:
- $1,091.77
- Original Price:
- $2,896,666
-
Professional-grade kitchen featuring a large Imperial range with a stainless steel hood system, multiple stainless steel work surfaces, and integrated shelving -
Modern high-rise building featuring a curved architectural facade, extensive window glazing, multiple balconies, a ground-level entrance with glass doors, and integrated exterior lighting
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Building entrance featuring a contemporary glass canopy with blue neon signage
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Commercial storefront with large glass doors and windows, featuring an illuminated sign and a distinctive blue architectural canopy
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Commercial interior featuring exposed brick accents and high ceilings
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Spacious commercial interior featuring high ceilings, polished concrete flooring, exposed brick walls, and a large storefront window
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Spacious interior featuring concrete flooring, banquette seating with blue upholstery, marble-look tabletops, and decorative hanging light fixtures
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Dining area featuring a turquoise banquette, white brick wall, and industrial-style lighting fixtures
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Spacious interior featuring a whitewashed brick accent wall, high ceilings, polished concrete flooring, and a service counter with integrated shelving
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Spacious interior featuring a polished concrete floor, white brick walls, high ceilings with exposed ductwork, and a decorative wood-paneled column
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Spacious commercial interior featuring high ceilings, exposed brick accent wall, polished concrete flooring, and built-in teal booth seating
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Open-plan commercial interior featuring polished concrete flooring, exposed white brick, and a wood-paneled column
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Multi-level commercial interior featuring built-in booth seating, polished concrete flooring, and decorative pendant lighting
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Commercial kitchen space featuring stainless steel appliances, abundant open shelving, white subway tile backsplash, and concrete flooring
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Functional kitchen space featuring extensive white shelving, a stainless steel double basin sink, black base cabinetry, and a pass-through window
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Commercial kitchen with white countertops and built-in shelving
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Modern counter area with integrated shelving and display windows
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Contemporary service counter with integrated display cases
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Built-in shelving unit with wood-finish shelves and black pipe supports
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Commercial kitchen featuring a triple-basin stainless steel sink with a high-arc faucet, stainless steel countertops, multiple wall-mounted shelving units, and a chest freezer
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Commercial-grade kitchen area featuring a stainless steel dishwasher, an integrated stainless steel sink with a high-arch faucet, and stainless steel countertops
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Utility room featuring extensive metal shelving, a glass-front display refrigerator, and a substantial stainless steel side-by-side refrigerator
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Commercial kitchen featuring stainless steel appliances, a large utility sink, and tiled flooring
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Blue entry doors with clear glass inserts, white wainscoting, industrial-style wall sconces, and polished concrete flooring
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Listed by Sutton Group-West Coast Realty
Data was last updated May 28, 2026 at 08:35 AM (UTC)
- TED CHO
- COQUITLAM
- 1 (604) 4405726
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.