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3450 W BROADWAY in Vancouver: Kitsilano Retail for sale (Vancouver West) : MLS® # C8014271

3450 W BROADWAY Vancouver V6R 2B3 : Kitsilano

Main Photo: 3450 W BROADWAY in Vancouver: Kitsilano Retail for sale (Vancouver West)  : MLS® # C8014271
$1,290,000
Prop. Type:
Retail
MLS® Num:
C8014271
Status:
Active
Build. Type:
Condo Complex
Excellent opportunity to acquire a solid cash flow investment! 4.45 Cap Rate on a long term Land Lease with CMHC until 2071 with extension options. Share purchase saves on property transfer tax! Triple Net Leases with a net income of $56,994.54 from current tenants until 2022 with options to renew. Secured parking. PLEASE DO NOT DISTURB TENANTS!
Sale Type:
Share
Property Type:
Retail
Construction:
Mixed
Building Type:
Condo Complex, Mixed Use, Street-Level Storefront
Year built:
1994 (Age: 23)
Land Use/Zoning:
C2/C1
Taxes:
$11,553.31 / 2017
HVAC:
Mixed, Separate Water Heaters, Separate HVAC Units
Env Assmt Phase:
Not Applicable
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Listed Date:
Previous Price:
Original Price:
Listed by HQ Commercial
Listing information last updated on 22-Aug-2017 7:05 PM
Mark Cumming