$70,000

3903 Knight Street, Vancouver, BC V5N 3L8

MLS® C8082182

Description

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.

Property

Property type

Business Opportunity

Style

General Retail

Structure

Low Rise (2-4 storeys), Street-Level Storefront

Ownership

Leasehold

Levels

2

Location

Area

Vancouver East

Neighbourhood

Knight

Waterfront

No