604-647-5097
1598 Pemberton Ave, North Vancouver District, BC for Sale
Restaurant - FOR SALE
1/2
null | Request Cap Rate

1598 Pemberton Ave
North Vancouver District, BC V7P 2S2


HIGHLIGHTS

  • PRIME NORTH VANCOUVER LOCATION
  • ACCESSIBILITY
  • HIGH VISIBILITY
  • SURROUNDED BY AMENITIES
  • DEMOGRAPHIC DIVERSITY

OVERVIEW

Avison Young is pleased to present, for the first time on the market, the opportunity to purchase a historical, meticulously maintained and operated, free-standing, C-9 zoned commercial building with excellent street exposure of 120 feet on West 16th Street and 80 feet on Pemberton Avenue, in the District of North Vancouver. This exceptional opportunity presents developers, owner-operator’s and investors with the opportunity to acquire one of North Vancouver’s most recognizable and historical properties. The property is rectangular-shaped and improved with a single storey commercial building, currently operated as a restaurant, totaling approximately 3,366 sf on 9,600 sf of land and can be accessed by 3 points of accessegress via 16th, Pemberton and the lane at the rear. The property is currently tenanted by the premium casual restaurant group, Cactus Club Cafe, providing a AAA tenancy since 1988

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,600 SF

ZONING

C3

APN/PARCEL ID

010-108-335

ASK ABOUT THIS PROPERTY

Stuart WrightAvison YoungMore Info
604-647-5097

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Stuart WrightAvison YoungMore Info
604-647-5097

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.