1835 W 1st Avenue, Vancouver, British Columbia V6J 5J1

Listed for:
$899,000
0 beds
0 baths
Listed 15 days ago
1835 W 1st Avenue, Vancouver, British Columbia V6J 5J1

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About

Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401sf street-front retail unit enjoys strong pedestrian traffic and great exposure in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow, a wellness-focused quick-service concept, with a new 5-year lease generating Net $42,000 annually and 3% yearly increases. Offered at $899,000, delivering a 4.67% first-year return and projected 5.26% return by Year 5. A fantastic chance to own stable retail income in the heart of Kitsilano. (id:27476)

Property Highlights

MLS® Number
C8077141
Type
Retail
Maintenance Fee
471.39

Building

Square Footage
400 sqft
Amenities
Street Lighting
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Utility Sewer
Storm sewer

Location

Learn more about this property
Listing provided by:
Keller Williams Ocean Realty VanCentral
MLS® number:
C8077141
Agent:
Jonathan Lu
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