20,000+
Listings
50+
Years of Experience
7 Days
Availability & Support
50+
Cities Covered
1726 Kingsway Vancouver, British Columbia V5N 2S3
1172 sqft
Acreage
$998,000Maintenance,
$15.90 Monthly
Maintenance,
$15.90 MonthlyExcellent 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. (id:38470)
Property Details
| MLS® Number | C8031453 |
| Property Type | Retail |
Building
| Constructed Date | 2017 |
| Fire Protection | Alarm System |
| Fireplace Present | No |
| Size Interior | 1172 Sqft |
Land
| Acreage | Yes |
| Size Irregular | 1172 |
| Size Total | 1172.0000 |
| Size Total Text | 1172.0000 |
| Zoning Description | C-2 |
https://www.realtor.ca/real-estate/21730097/1726-kingsway-vancouver
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Real Estate Board Of Greater Vancouver
Nu Stream Realty Inc.
March 24 2020 07:11:52
