1726 KINGSWAY, Vancouver, British Columbia V5N2S3 Canada

  • PRICE$998,000
  • SQ. FEET1172

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. (id:9345)...
Tranaction Type: For sale
Maintenance Fee: 15.90
Payment Unit: Monthly
Lease Per Unit: square feet
Zoning Description: C-2
Constructed Date: 2017
Fire Protection: Alarm system
Size Total: 1172 sqft
Acreage: true

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