604.362.2432

1835 W 1st Avenue, Kitsilano, Vancouver West

$899,000

Photo 1 at 1835 W 1st Avenue, Kitsilano, Vancouver WestPhoto 2 at 1835 W 1st Avenue, Kitsilano, Vancouver West

Features

 
MLS®:C8077141
Type:Retail
Taxes:$4219.89
 
Year Built:1995
 

About this Property

 

"About this Retail in Kitsilano, Vancouver West"

 

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.

Listed by Keller Williams Ocean Realty VanCentral.

 
 

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Disclaimer: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy.

 

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