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1000-1012 Beach Ave - 1000 Beach
1,423 SF Retail Condo Unit in Vancouver, BC V6E 1T7
Investment Highlights
- Permitted restaurant seating for 56
- Fully built-out restaurant space with venting and patio space
- Annual built-in rent escalations
- 2 underground parking stalls with parking revenue
- Waterfront location with direct exposure to the seawall bike/running path
- Lease expiry Dec 31, 2027 with 5 year option to renew
Executive Summary
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.
Property Facts
| Unit Size | 1,423 SF | Building Class | B |
| No. Units | 1 | Floors | 8 |
| Total Building Size | 173,448 SF | Typical Floor Size | 21,680 SF |
| Property Type | Multifamily (Condo) | Year Built | 1991 |
| Property Subtype | Apartment | Lot Size | 1.22 AC |
| Sale Type | Investment | Parking Ratio | 1.6/1,000 SF |
| Unit Size | 1,423 SF |
| No. Units | 1 |
| Total Building Size | 173,448 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Sale Type | Investment |
| Building Class | B |
| Floors | 8 |
| Typical Floor Size | 21,680 SF |
| Year Built | 1991 |
| Lot Size | 1.22 AC |
| Parking Ratio | 1.6/1,000 SF |
1 Unit Available
Unit 1010Unit3
| Unit Size | 1,423 SF | No. Parking Spaces | 2 |
| Condo Use | Retail | APN/Parcel ID | 015-866-343 |
| Sale Type | Investment |
| Unit Size | 1,423 SF |
| Condo Use | Retail |
| Sale Type | Investment |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 015-866-343 |
Description
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.
Sale Notes
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 escalation. Includes 2 underground parking stalls with parking revenue.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 252 | - | - |
Amenities
Site Amenities
- Waterfront
zoning
| Zoning Code | CD-1 (195) |
| CD-1 (195) |
-
Steven Lam -
Matthew Ho -
William Wright Commercial
Learn More About Investing in Apartment Buildings
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1000-1012 Beach Ave - 1000 Beach
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