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1726 Kingsway Vancouver, British Columbia V5N 2S3

1172 sqft

$998,000

Maintenance,

$15.90 Monthly

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:23508)

Property Details

MLS® Number C8031453
Property Type Retail
Community Name Kensington-Cedar Cottage

Building

Constructed Date 2017
Fire Protection Alarm System
Fireplace Present No
Size Interior 1172 Sqft

Land

Acreage No
Size Irregular 1172
Size Total 1172 Sqft
Size Total Text 1172 Sqft
Zoning Description C-2

https://www.realtor.ca/real-estate/21730097/1726-kingsway-vancouver

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