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$ 70,000
Est. payment | /mo
$ 70,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type General Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8082182
Property Sub-Type General Retail
Property Description
Well-established smoke and vape shop in a prime, high-density area of Vancouver, with strong foot traffic, excellent daily exposure, and proximity to a popular nightlife destination. The approximately 515 sq. ft. retail unit is located at a busy intersection and comes with a secure 3-year lease, with approximately 2 years remaining and a possible extension. NO DEMOLITION CLAUSE. The zoning allows for a variety of retail, office, and other business uses. Currently operating as a smoke and vape shop, the business was established in mid-2019 and has excellent Google reviews, steady revenue, and a loyal customer base. The gross rent is approximately $2,396 per month, while current average monthly sales are approximately $21,000+. There is additional growth potential through expanded product lines, including grocery items, as well as extended operating hours. Ideal for an owner-operator or investor. Training is available. Showings by appointment only. NDA required.
Location
Province BC
Community Knight
Area Vancouver East
Zoning C-2
Building
Story 2
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Leasehold
Nearby Locations