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121 1st St 650 SF of Office/Retail Space Available in North Vancouver, BC V7L 1B2
Highlights
- Rare laneway commercial space in the heart of Lower Lonsdale.
- On-site parking and one washroom included.
- Steps from Lonsdale Quay, The Shipyards, and the SeaBus.
- 650 SF of lower-level commercial space suitable for boutique, studio, or service concepts.
- Immediate access via Lolo Lane for convenience.
- Excellent area scores: Walker’s Paradise, Very Bikeable, and Good Transit.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Lower Level | 650 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste Lower Level
121 East 1st Street offers a rare opportunity to lease laneway commercial space in the heart of Lower Lonsdale. Positioned among popular local operators such as Cream Pony, Vibe Lounge, Lagree West, and Streetcar Brewing, the space is well suited for a boutique, studio, or service-oriented business seeking a character location with a strong built-in customer base. The premises provide 650 SF on the lower level and include on-site parking, a private washroom, and convenient access via Lolo Lane, making it an excellent fit for a tenant looking to establish a presence in one of North Vancouver’s most vibrant and community-focused neighbourhoods. Located steps from Lonsdale Avenue, the property is centrally positioned within Lower Lonsdale and is minutes from key destinations such as Lonsdale Quay, The Shipyards, and the SeaBus. The area offers exceptional walkability, strong cycling connectivity, and access to multiple transit options. Tenants benefit from proximity to a thriving mix of retail, fitness, food and beverage, and waterfront amenities, all within one of North Vancouver’s most desirable urban districts.
- Fits 2 - 6 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 121 1st St, North Vancouver, BC V7L 1B2
- Tenant
- Description
- CAN Locations
- Reach
- North Vancouver Aikikai
- -
- 1
- -
- Pete's Sports Cards and Collectibles
- -
- -
- -
- Seishi Teppei Jujutsu Kai
- Fitness
- 1
- -
| Tenant | Description | CAN Locations | Reach |
| North Vancouver Aikikai | - | 1 | - |
| Pete's Sports Cards and Collectibles | - | - | - |
| Seishi Teppei Jujutsu Kai | Fitness | 1 | - |
Property Facts
| Total Space Available | 650 SF | Gross Leasable Area | 3,879 SF |
| Property Type | Retail | Year Built | 1905 |
| Property Subtype | Health Club | Parking Ratio | 1.03/1,000 SF |
| Total Space Available | 650 SF |
| Property Type | Retail |
| Property Subtype | Health Club |
| Gross Leasable Area | 3,879 SF |
| Year Built | 1905 |
| Parking Ratio | 1.03/1,000 SF |
About the Property
121 East 1st Street offers a rare opportunity to lease laneway commercial space in the heart of Lower Lonsdale. Positioned among popular local operators such as Cream Pony, Vibe Lounge, Lagree West, and Streetcar Brewing, the space is well suited for a boutique, studio, or service-oriented business seeking a character location with a strong built-in customer base. The premises provide 650 SF on the lower level and include on-site parking, a private washroom, and convenient access via Lolo Lane, making it an excellent fit for a tenant looking to establish a presence in one of North Vancouver’s most vibrant and community-focused neighbourhoods. Located steps from Lonsdale Avenue, the property is centrally positioned within Lower Lonsdale and is minutes from key destinations such as Lonsdale Quay, The Shipyards, and the SeaBus. The area offers exceptional walkability, strong cycling connectivity, and access to multiple transit options. Tenants benefit from proximity to a thriving mix of retail, fitness, food and beverage, and waterfront amenities, all within one of North Vancouver’s most desirable urban districts.
- Fenced Lot
- Property Manager on Site
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Presented by
121 1st St
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