Maintenance,
$471.39 MonthlyInvestor 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:54441)
| MLS® Number | C8077141 |
| Property Type | Retail |
| Features | Lane |
| Road Type | Paved Road |
| Amenities | Street Lighting |
| Constructed Date | 1995 |
| Size Interior | 401 Sqft |
| Acreage | No |
| Sewer | Storm Sewer |
| Zoning Description | Cd-1 (305) |
| Electricity | Available |
| Water | At Lot Line |
https://www.realtor.ca/real-estate/29483961/1835-w-1st-avenue-vancouver
Contact us for more information
Jonathan Lu
Personal Real Estate Corporation
(604) 262-1581
kwrealtyvancentral.com/