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751 Lonsdale Av 4,500 SF 100% Leased Retail Building North Vancouver, BC V7M 2G9 $8,350,000 CAD ($1,855.56 CAD/SF) 1.58% Cap Rate
Investment Highlights
- Includes eight secured underground parking stalls and dedicated storage
- Positioned on 7,000 square feet of land with C2 zoning, allowing for future redevelopment possibilities
- Walk Score of 97 with immediate access to shops, services, and major transit corridors
- Southern unit offers water views, boosting tenant demand and long-term desirability
Executive Summary
Income-generating 4 UNIT retail investment with potential gross income exceeding $220,000 annually. Strong holding income and future development upside. The property features 8 secured underground parking stalls and dedicated storage, enhancing tenant appeal and long-term value. Well-suited for medical, professional, or daycare users, Rare offering with excellent water view from Southern Unit, supporting premium rents today and compelling redevelopment potential over the long term.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Building Class
C
Year Built
1985
Price
$8,350,000 CAD
Price Per SF
$1,855.56 CAD
Cap Rate
1.58%
NOI
$132,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.16 AC
Zoning
CD076 - Commercial Development
Parking
8 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
178’ on Lonsdale Ave
Amenities
- 24 Hour Access
- Bus Line
- Signage
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
1 of 7
Videos
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Photos
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751 Lonsdale Av
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