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1726 KINGSWAY
Victoria VE Vancouver V5N 2S3

$998,000
Retail

Main Photo: 1726 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8031453
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8031453
Build. Type:
Condo Strata Complex
Excellent investment opportunity for a 99 yr term of leasehold commercial retail unit with 1 parking. Brand new building with the 1st Tenant for a 5 year Lease + Options which provides stable and long-term income, and a return of approximately 3.75%. Tenant is in Beauty Parlour business and may show on Sunday mornings only in order not to disturb their customers. This front unit is suitable for a variety of businesses (including restaurant and kindly) with plenty of street parking and nearby public transit stops. The immediate area is experiencing significant growth with several new high rises currently under construction, and the neighborhood is on target for continued redevelopment with both commercial and residential uses in the City of Vancouver Community Plan.
Sale Type:
Asset
Property Type:
Retail
Construction:
Concrete, Wood Frame, Mixed
Building Type:
Condo Strata Complex, Mixed Use, Street-Level Storefront
Year built:
2017 (Age: 3)
Total Floor Area:
1,172 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$2,023 / 2019
Air Conditioning, Alarm System, Storefront, Washrooms Female/Male
HVAC:
Central A/C, Separate HVAC Units
Env Assmt Phase:
None
  • Photo 1: 1726 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8031453
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Listed by Nu Stream Realty Inc.
Data was last updated July 7, 2020 at 04:00 AM (UTC)
Mark Cumming
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