$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
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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

Keller Williams Ocean Realty VanCentral

3995 Fraser Street

Vancouver, British Columbia V5V4E5

๐Ÿ“ž (604) 262-1581

Contact Us

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