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228 Lonsdale Avenue
Lower Lonsdale North Vancouver V7M 2G1

$2,656,000
Retail

Kitchen with a paneled ceiling, open shelves, and light countertops
Photo 1: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 2: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 3: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 4: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 5: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 6: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 7: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 8: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 9: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 10: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 11: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 12: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 13: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 14: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 15: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 16: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 17: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 18: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 19: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 20: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 21: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 22: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 23: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 24: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 25: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 26: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 27: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 28: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 29: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 30: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 31: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 32: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Photo 33: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8077008
Build. Type:
See Remarks
Rare opportunity to acquire a well-maintained 1,934 sqft strata retail unit located along the vibrant Lonsdale Avenue corridor in North Vancouver. Currently leased to a successful restaurant tenant, providing stable and reliable rental income. The space features high ceilings, commercial Kitchen, a unique second-floor seating area, and an additional 98 sqft patio that enhances the dining atmosphere. Situated on one of North Vancouver’s busiest commercial streets, the property benefits from strong visibility, heavy foot traffic, and surrounding high-density residential and retail amenities. Includes one parking stall and one storage locker, with ample street parking nearby. Currently generating approximately a 3.5% cap rate, this property presents an attractive investment opportunity for those seeking a passive, income-producing retail asset.
Sale Type:
Asset
Sublease:
Yes
Ownership:
Strata
Property Type:
Retail
Commercial Type:
Retail
Construction:
See Remarks
Building Type:
See Remarks
Home Owners Association:
Yes
Year built:
2013 (Age: 13)
Living Area:
1,934 sq. ft.
Lot Area:
0 sq. ft.
Zoning:
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Electricity:
No
Sewer:
Public Sewer
Parcel Number:
029140706
Taxes:
$23,761.74 / 2024
No
Water Supply:
Public
Water Rights:
No
Roof:
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$1,240.17
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen with a paneled ceiling, open shelves, and light countertops
  • Photo 2: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining area with wooden walls, a high ceiling, and concrete floors
  • Photo 3: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining area featuring concrete floors and wood walls
  • Photo 4: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Community lobby featuring a high ceiling and wood walls
  • Photo 5: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining space with wooden walls and finished concrete flooring
  • Photo 6: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining space with concrete floors and a high ceiling
  • Photo 7: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Misc room featuring a high ceiling
  • Photo 8: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    View of miscellaneous room
  • Photo 9: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Staircase featuring a high ceiling and concrete floors
  • Photo 10: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Bar featuring dark cabinetry and a high ceiling
  • Photo 11: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen featuring light wood finish cabinetry, modern cabinets, a high ceiling, and a center island
  • Photo 12: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen with a high ceiling, light countertops, light wood finish cabinets, gas cooktop, and stainless steel gas cooktop
  • Photo 13: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Miscellaneous room featuring a high ceiling and rail lighting
  • Photo 14: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Stairway featuring concrete flooring and a high ceiling
  • Photo 15: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining space featuring concrete floors
  • Photo 16: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    View of dining area
  • Photo 17: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining space featuring concrete floors
  • Photo 18: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    View of reception area
  • Photo 19: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining room featuring concrete floors
  • Photo 20: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining space featuring finished concrete floors and a high ceiling
  • Photo 21: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining space with finished concrete flooring
  • Photo 22: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Dining room with concrete floors and a high ceiling
  • Photo 23: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Property entrance with brick siding
  • Photo 24: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    View of deck
  • Photo 25: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Misc room featuring concrete flooring
  • Photo 26: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    View of storage area
  • Photo 27: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen featuring stainless steel counters and open shelves
  • Photo 28: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen with a drop ceiling
  • Photo 29: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen with stainless steel counters, a drop ceiling, and open shelves
  • Photo 30: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen with stainless steel counters, open shelves, tile walls, and dark tile patterned floors
  • Photo 31: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Kitchen featuring a paneled ceiling
  • Photo 32: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Half bathroom with tile walls, light tile patterned flooring, and a wainscoted wall
  • Photo 33: 228 Lonsdale Avenue in North Vancouver: Lower Lonsdale Retail for sale : MLS®# C8077008
    Half bath with vanity and toilet
Listed by Sutton Group-West Coast Realty
Data was last updated March 13, 2026 at 06:40 PM (UTC)

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