3-1010 Beach Avenue

For Sale | Retail | ± 1,423 SQFT | Contact Listing Agent
Overview

3-1010 Beach Avenue, Vancouver, offers a prime beachfront location for a restaurant business, situated directly on the seawall with high foot traffic and visibility. The fully built-out restaurant space features permitted seating for 56, a handicap accessible washroom, and direct access to a garbage room and outdoor loading dock. The lease terms include 3.5 years remaining with an option, annual escalations, and two parking stalls with existing parking revenue. This rare opportunity presents a stable and attractive investment located in a high-profile location with strong foot traffic and scenic views.

Waterfront Unit with Venting & Patio Investment Property

  • Fully built-out restaurant space with venting and patio space
  • Lease expiry Dec 31, 2027 with 5 year option to renew
  • Annual built-in rent escalations
  • 2 underground parking stalls with parking revenue
  • Waterfront location with direct exposure to the seawall bike/running path
  • Permitted restaurant seating for 56

Details
Status

For Sale

Address

3-1010 Beach Avenue, Vancouver,
Canada

Size

± 1,423 SQFT

Type

Retail

Price

Contact Listing Agent

Property Taxes

$23,897.20 ($16.79 psf/annum)

PID

015-866-343

Zoning

CD-1 (195)

Legal Description

STRATA LOT 80, PLAN VAS2613, DISTRICT LOT FC, NEW WESTMINSTER LAND DISTRICT, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM 1

Location

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.


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Matthew Ho
Matthew Ho

Personal Real Estate Corporation

Commercial Sales & Leasing

Steven Lam
Steven Lam

Personal Real Estate Corporation

Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.