Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Business · Vancouver

3903 Knight Street

Vancouver, BC V5N3L8

$70,000

15 days on market

Bedrooms
0
Bathrooms
0
Floor area
515 sq ft
Type
Business
MLS®
C8082182

About this home

Well-established smoke and vape shop in a prime, high-density area of Vancouver, with strong foot traffic, excellent daily exposure, and proximity to a popular nightlife destination. The approximately 515 sq. ft. retail unit is located at a busy intersection and comes with a secure 3-year lease, with approximately 2 years remaining and a possible extension. NO DEMOLITION CLAUSE. The zoning allows for a variety of retail, office, and other business uses. Currently operating as a smoke and vape shop, the business was established in mid-2019 and has excellent Google reviews, steady revenue, and a loyal customer base. The gross rent is approximately $2,396 per month, while current average monthly sales are approximately $21,000+. There is additional growth potential through expanded product lines, including grocery items, as well as extended operating hours. Ideal for an owner-operator or investor. Training is available. Showings by appointment only. NDA required.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$310
Strata fee$0
Property taxannual ÷ 12$0
Est. monthly total$310
Down payment + BC property transfer taxbefore any first-time buyer exemption$14,700

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Listing courtesy of Team 3000 Realty Ltd. View on REALTOR.ca

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Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

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