Forgot password Extend Verify Contact

3188 Macdonald Street
Kitsilano Vancouver V6K 4W7

$168,000
Business

Main Photo: 3188 Macdonald Street in Vancouver: Kitsilano Business for sale in "The Brick Yard" (Vancouver West) : MLS®# C8081265
Status:
Active
Prop. Type:
Business
MLS® Num:
C8081265
Bus Major:
Food & Beverage
Build. Type:
Street-Level Storefront
An exceptional opportunity to take over a full service dine-in/take-out food restaurant space in Vancouver's sought-after West Side. Ideally positioned next to Starbucks and directly in front of a bus stop, the location benefits from excellent visibility, steady pedestrian traffic and bright street-facing window exposure. Currently operating as an Indian restaurant, this 24-seat space features a well-appointed commercial kitchen with a 5-foot ventilation system, making it an ideal turnkey opportunity for an owner-operator or entrepreneur looking to bring their own concept to a proven location. Existing lease expires August 31, 2028, a 5 year renewal option thereafter. Whether continuing with an Indian cuisine concept or introducing something entirely new, this location provides an excellent foundation for a successful restaurant business. Please do not disturb staff. Showings by appointment only.
Sale Type:
Asset
Ownership:
Leasehold
Property Type:
Business
Commercial Type:
Food & Beverage
Business Name:
LOTUS INDIAN BISTRO
Business Type:
Food & Beverage, Restaurant
Business Established Year:
2026
Construction:
Mixed
Name of Complex/Subdivision:
The Brick Yard
Building Type:
Street-Level Storefront, Strip Mall
Year built:
2004 (Age: 22)
Living Area:
903 sq. ft.
Retail Size:
903 sq. ft.
Minimum Divisible Area:
903 sq. ft.
Lot Area:
14,810.4 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
Parking:
Guest
# Of Parking Spaces - Total:
Road Frontage:
Road Surface:
Paved
Heating:
Cooling:
Air Conditioning
Electricity:
Yes
Services Connected:
Electricity Connected, Fully Serviced, Garbage Collection, Natural Gas Connected, Phone Connected, Street Lighting, Sidewalk
Sewer:
Public Sewer
Parcel Number:
800188592
Taxes:
$15,745.54 / 2026
Storefront, Washrooms Female/Male
No
No
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Other Income:
Effective Gross Income:
Net Operating Income:
Previous Price:
Original Price:
  • Photo 1: 3188 Macdonald Street in Vancouver: Kitsilano Business for sale in "The Brick Yard" (Vancouver West) : MLS®# C8081265
    Photo 1 of 1
Larger map options:
Larger map Satellite map Street View Walkscore
Listed by Century 21 Coastal Realty Ltd.
Data was last updated August 15, 2026 at 12:40 AM (UTC)
Reciprocity Logo
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2026 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.