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2814 W 3rd Avenue Vancouver, British Columbia V6K 1M7

4936 sqft

$4,695,000

Turnkey investment (property+business) opportunity in Vancouver's coveted Kitsilano! "Alma Beach Suites" is a beautifully restored 1912 character home featuring 7 fully furnished rental suites: 2 x 2-bed, 2 x 1-bed, 1 x 3-bed, and 2 studio. This profitable business boasts a stellar reputation, high cash flow, and an impressive 5% cap rate-rare for Vancouver. Located just two blocks from the ocean and steps from Kits Beach, West 4th dining, shopping, and transit. Includes 4 parking stalls and modern amenities like fully equipped kitchens and shared laundry. Offered as a combined property and business sale, this is a rare chance to own a thriving income-generating gem! (id:58426)

Business

BusinessType Accommodation
BusinessSubType Hotel/motel

Property Details

MLS® Number C8069166
Property Type Business
Neigbourhood West Point Grey
Features Lane
RoadType Paved Road

Building

Amenities Balconies, Street Lighting
ConstructedDate 1912
SizeInterior 4936 Sqft

Land

Acreage No
SizeIrregular 3960
SizeTotal 3960 Sqft
SizeTotalText 3960 Sqft
ZoningDescription Rt-8

Utilities

Cable Available
Electricity Available
Water At Lot Line
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/28307309/2814-w-3rd-avenue-vancouver

Interested?

Contact us for more information


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Mohsen Esfahani
ESRE Team


Rennie & Associates Realty Ltd.
#110 - 1650 West 1st Avenue
Vancouver, British Columbia V6J 1G1

Brian Higgins
Personal Real Estate Corporation, YVR Global Team


Prompton Real Estate Services Inc.
#201 - 179 Davie Street
Vancouver, British Columbia V6Z 2Y1