$3,258,750

#102 - 403 North Road

Coquitlam, British Columbia V3K3V9

For sale
1978 sqft

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 4% cap rate, this property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset. NET INCOME : $130,350 /year (id:58554)

Overview

Property TypeRetail
TransactionFor sale
MLSยฎC8077007

Building

Interior Size1978 sqft
Year Built2018

Fees

Maintenance Fee1091.77
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Listing Agent

Eric Lee

Eric Lee

Personal Real Estate Corporation, Ted Cho Real Estate Group

๐Ÿ“ž (778) 855-0240

๐ŸŒ http://www.suttonwestcoast.com/

Brokerage

Sutton Group-West Coast Realty

#102 - 403 North Road

Coquitlam, British Columbia V3K3V9

๐Ÿ“ž (604) 415-9800

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