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1835 W 1st Avenue Vancouver, British Columbia V6J 5J1

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$899,000

Maintenance,

$471.39 Monthly

MLS® Number: C8077141

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:59126)

Property Details

MLS® Number C8077141
Property Type Retail
Features Lane
Road Type Paved Road

Building

Amenities Street Lighting
Constructed Date 1995
Size Interior 400 Ft2

Land

Acreage No
Sewer Storm Sewer
Zoning Description Cd-1 (305)

Utilities

Electricity Available
Water At Lot Line

https://www.realtor.ca/real-estate/29483961/1835-w-1st-avenue-vancouver

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    Lakeridge Property International

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