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1000-1012 Beach Ave 1,423 SF Retail Condo Unit Offered at $2,499,000 CAD in Vancouver, BC V6E 1T7
Investment Highlights
- Permitted restaurant seating for 56
- Fully built-out restaurant space with venting and patio space
- Annual built-in rent escalations
- 2 underground parking stalls with parking revenue
- Waterfront location with direct exposure to the seawall bike/running path
- Lease expiry Dec 31, 2027 with 5 year option to renew
Executive Summary
Prime beachfront setting with stunning views of English Bay and the North Shore Mountains. The area is vibrant and scenic, with a diverse mix of local residents, tourists, and office workers, ensuring a consistent flow of potential customers. The seawall, a popular running and biking path, passes directly in front of the property, attracting thousands of visitors daily. The surrounding area features a range of successful restaurants, cafes, and retail shops, and is conveniently located near major attractions like Stanley Park, English Bay Beach, and the Vancouver Aquarium, making it an ideal location for a restaurant business.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 015-866-343 |
| No. Parking Spaces | 2 |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 015-866-343 |
Description
Rare opportunity to own a premier waterfront commercial unit on Vancouver's iconic Seawall. Located at 3 1010 Beach Avenue in the prestigious Beach District, this fully built-out restaurant space offers exceptional exposure with high pedestrian and cyclist traffic year-round. Featuring approximately 1,423 sq. ft., the unit includes commercial venting, a well-equipped kitchen, permitted seating for up to 56 guests, a patio area, an accessible washroom, and direct access to the loading area and garbage room.
Sale Notes
Situated within the renowned 1000 Beach development, this prime location enjoys stunning views of False Creek, English Bay, and the North Shore Mountains. Two underground parking stalls are included. Surrounded by luxury residences, popular attractions, Granville Island, and downtown amenities, this is an exceptional investment opportunity in one of Vancouver's most sought-after waterfront locations!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 3 | 1,423 SF | Retail | $2,499,000 CAD ($1,756.15 CAD/SF) | - |
Unit 3
| Unit Size |
| 1,423 SF |
| Condo Use |
| Retail |
| Price |
| $2,499,000 CAD ($1,756.15 CAD/SF) |
| NOI |
| - |
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Unit 3
| Unit Size | 1,423 SF |
| Condo Use | Retail |
| Price | $2,499,000 CAD ($1,756.15 CAD/SF) |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 015-866-343 |
| Description | |
| Rare opportunity to own a premier waterfront commercial unit on Vancouver's iconic Seawall. Located at 3 1010 Beach Avenue in the prestigious Beach District, this fully built-out restaurant space offers exceptional exposure with high pedestrian and cyclist traffic year-round. Featuring approximately 1,423 sq. ft., the unit includes commercial venting, a well-equipped kitchen, permitted seating for up to 56 guests, a patio area, an accessible washroom, and direct access to the loading area and garbage room.</li></ul> | |
| Sale Notes | |
| Situated within the renowned 1000 Beach development, this prime location enjoys stunning views of False Creek, English Bay, and the North Shore Mountains. Two underground parking stalls are included. Surrounded by luxury residences, popular attractions, Granville Island, and downtown amenities, this is an exceptional investment opportunity in one of Vancouver's most sought-after waterfront locations!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 173,448 SF | Typical Floor Size | 21,680 SF |
| Property Type | Multifamily (Condo) | Year Built | 1991 |
| Property Subtype | Apartment | Lot Size | 1.22 AC |
| Building Class | B | Parking Ratio | 1.6/1,000 SF |
| Floors | 8 | ||
| Zoning | CD-1 - Comprehensive Development | ||
| Total Building Size | 173,448 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 21,680 SF |
| Year Built | 1991 |
| Lot Size | 1.22 AC |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | CD-1 - Comprehensive Development |
Amenities
Site Amenities
- Waterfront
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 252 | - | - |
Exceptionally walkable
100/100
Moderately drivable
70/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1000-1012 Beach Ave
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