Type: Retail
Zoning: CD-1 (305)
About this Retail in Kitsilano
Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver’s most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details.
Listed by Real Broker.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Natalie Walker for your convenience.
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.
More Details
- TypeRetail
- Sub TypeRetail
Contact Us Today!
604.684.0779More about Kitsilano, Vancouver West
Latitude: 49.2708233
Longitude: -123.1472615
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