1835 W 1ST AVENUE
Vancouver, British Columbia
MLS® C8081106
$899,000
- Status
- Active
- Property type
- Retail
- MLS® number
- C8081106
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1995
1 / 6Listing description
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.
Property summary
- MLS® number
- C8081106
- Property type
- Retail
- Square footage
- 401 sq ft
- Built in
- 1995
- Annual property taxes
- $4,219.89
- Days on market
- 19 days
Features & details
- Lot features
- Lane
- Strata fee
- $471.39 / Monthly
What would this home cost you?
Based on the $899,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Real Broker, Vancouver.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.