$899,000
About this Retail
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.
Browse PhotosFeatures
- Type: Retail
- Sub Type: Retail
- Year Built: 1995
- Taxes: $4219.89
- Maintenance: $471.39
- Zoning: CD-1 (305)
Contact Brian to inquire about this Retail!
778.829.1105
Photos
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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.