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2990 Arbutus Street
Kitsilano Vancouver V6J 3Y9

$5,800,000
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
C8069107
Bus Major:
Food & Beverage
Build. Type:
Freestanding
Avison Young is proud to present the opportunity to acquire 2990 Arbutus Street, Vancouver, BC (the “Property”). The Property is improved with a two storey commercial building containing 5,118 sf. The building has been recently renovated throughout and consists of retail space, office space, and a warehouse with one grade loading door. There is flexibility within the lease for both owner users and developers. This would be perfect fit for medical professionals looking for a turnkey space or developer looking for holding income while they prepare a for a future developement. Currently leased to Arbutus Medical Clinic.
Sale Type:
Asset
Sublease:
Yes
Property Type:
Retail
Commercial Type:
Retail
Business Type:
Food & Beverage, Restaurant
Construction:
Frame Wood
Building Type:
Freestanding, Low Rise (2-4 storeys), Mixed Use
# Bldgs:
1
Living Area:
5,118 sq. ft.
Subject Property Depth:
100'
Subject Property Width:
58'
Contiguous Spc:
5,118 sq. ft.
Minimum Divisible Area:
0 sq. ft.
Title to Land:
Freehold
Lot Area:
5,797 sq. ft.
Zoning:
Potential to Redevelop:
Broadway Plan - Broadway/Arbutus South - Area E, No
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Street Lighting, Sidewalk, City Water at Lot Line
Sewer:
Public Sewer
Parcel Number:
007276958
Taxes:
$64,757.7 / 2024
No
1.0%
Yes
Water Supply:
Public, City Water at Lot Line
Water Rights:
No
Roof:
Potential to Redevelop:
Broadway Plan - Broadway/Arbutus South - Area E, No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$.00
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
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Listed by Avison Young Commercial Real Estate Services, LP
Data was last updated May 13, 2025 at 04:10 AM (UTC)
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