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Status:
Active
Prop. Type:
Retail
MLS® Num:
C8049768
Build. Type:
Institutional
Prime CORNER retail Investmen t opportunity in Kitsilano. 2 strata lots are occupied by the very famous and well - established Sunshine Diner. Sunshine Diner is a 1950's themed diner that is open for breakfast and lunch. The premises are in excellent condition and have been renovated. Very stable tenant with 25 years operating. Lease has 10 years ends Dec 2023 with Option to Renew. Rentable area (including gross-up) is 2,522 sf. Enjoyed the high cap rate (4%) and easy management!
Sale Type:
Asset
Total space avail for lease:
2,522 sq. ft.
Construction:
Wood Frame, Precast
Building Type:
Institutional, Live/Work
Name of Complex/Subdivision:
# Other Units:
Year built:
2004 (Age: 19)
Total Floor Area:
2,522 sq. ft.
Retail Size:
2,202 sq. ft.
Other Size:
320 sq. ft.
Lot Area:
21,196 sq. ft.
Lot Depth:
106
Lot Frontage:
199'
Land Use/Zoning:
C-2C1
Permitted Use:
Mixed Use, Retail
Taxes:
$18,986.6 / 2022
Roof:
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
Listed by Interlink Realty
Data was last updated March 26, 2023 at 11:10 PM (UTC)
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