3256 ST JOHNS Street, Port Moody, British Columbia V3H2C9

Property Description

An excellent opportunity to acquire a well-positioned retail strata unit in one of Port Moody's most desirable commercial corridors. Conveniently located near Moody Centre SkyTrain Station and along busy St. Johns Street, the property is situated in the heart of a rapidly growing residential and commercial community. The property is zoned CD36, providing flexibility for a range of business applications. The unit also benefits from ample street parking and one designated underground parking stall, adding convenience for both tenants and customers. Currently occupied by a long-established bakery tenant that has successfully operated at this location for over 10 years, the property provides stable rental income and an attractive cap rate of over 3%. An ideal, hassle-free investment opportunity for investors seeking dependable income and long-term value in a highly desirable location. (id:5764)