- 778-223-0088
- angelmenglan@gmail.com
Maintenance,
$471.39 MonthlyInvestor 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:54441)
| MLS® Number | C8077141 |
| Property Type | Retail |
| Features | Lane |
| Road Type | Paved Road |
| Amenities | Street Lighting |
| Constructed Date | 1995 |
| Size Interior | 400 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/
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