$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 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:58554)

Overview

Property TypeRetail
TransactionFor sale
MLSยฎC8077141

Building

Interior Size400 sqft
Year Built1995

Fees

Maintenance Fee471.39

Features & Amenities

FeaturesLane
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Listing Agent

Jonathan Lu

Jonathan Lu

Personal Real Estate Corporation

๐Ÿ“ž (604) 868-9920

๐ŸŒ http://www.jonathanlu.ca/

Brokerage

Real Broker

#500 - 666 Burrard Street

Vancouver, British Columbia V6C3P6

๐Ÿ“ž 1 (888) 828-8447

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