1835 W 1st Avenue, Vancouver, British Columbia

$899,000

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401

Square feet

About 1835 W 1st Avenue

Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details. (id:6289)

Retail property for sale in Vancouver, British Columbia at 1835 W 1st Avenue. This Retail property is priced at $2,242/sqft

Features of 1835 W 1st Avenue

Listing # C8081106
Price $899,000
Bathrooms 0.00
Square Footage 401
Year Built 1995
Type Retail

Community Information

Address 1835 W 1st Avenue
City Vancouver
Province British Columbia
Postal Code V6J5J1

Amenities of 1835 W 1st Avenue

Amenities Street Lighting
Utilities Electricity, Water
Features Lane
Is Waterfront No
Has Pool No

Interior of 1835 W 1st Avenue

Fireplace No
Has Basement No

Additional Information On 1835 W 1st Avenue

Zoning CD-1 (305)

Listing Details

OfficeReal Broker

Listing Map

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