$899,000
1835 W 1ST AVENUE
Vancouver, British Columbia V6J5J1
For sale
400 sqft
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:58554)
Overview
Property TypeRetail
TransactionFor sale
MLSยฎC8077141
Building
Interior Size400 sqft
Year Built1995
Fees
Maintenance Fee471.39
Features & Amenities
FeaturesLane
Brokerage
Keller Williams Ocean Realty VanCentral
3995 Fraser Street
Vancouver, British Columbia V5V4E5
๐ (604) 262-1581
