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65 W 2ND Avenue in Vancouver: False Creek Retail for sale (Vancouver West) : MLS® # C8015489

65 W 2ND Avenue Vancouver V5Y 1B3 : False Creek

Main Photo: 65 W 2ND Avenue in Vancouver: False Creek Retail for sale (Vancouver West)  : MLS® # C8015489
$1,100,000
Prop. Type:
Retail
MLS® Num:
C8015489
Status:
Active
Build. Type:
Condo Complex
Excellent value acquisition in Olympic Village. This commercial retail unit in the Pinacle building has a stable tenant and can show a 3% Cap on $32K net income per year. Build in 2013 and includes one parking spot. Lease good until Sept 2021 with a nice bump in 2019. Outstanding traffic counts and visibility on 2nd Ave make this an ideal retail target for years to come. Please do not disturb the tenant.
Sale Type:
Asset
Property Type:
Retail
Construction:
Mixed
Building Type:
Condo Complex, High-Rise (5+ storeys)
Year built:
2013 (Age: 5)
Total Floor Area:
Switch units of measure423 sq. ft.
Retail Size:
Switch units of measure423 sq. ft.
Land Use/Zoning:
CD-1
Taxes:
$5,787.16 / 2016
Air Conditioning, Storefront
Env Assmt Phase:
None
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 RE/MAX Commercial Advantage
Listing information last updated on 31-Oct-2017 5:05 PM
Mark Cumming