1041 Kingsway - Storefront FOR SALE


Vancouver, BC V5V 3C7
$5,699,000 CAD
604-662-5138
1041 Kingsway, Vancouver, BC for Sale
$5,699,000 CAD
Storefront - FOR SALE
1/3
null | Request Cap Rate

1041 Kingsway
Vancouver, BC V5V 3C7


OVERVIEW

CBRE Limited is pleased to present the opportunity to acquire 1041 Kingsway (the “Property”) - a single-storey retail investment property with development potential located in the desirable Kensington-Cedar Cottage neighbourhood of East Vancouver. Situated along the main thoroughfare of Kingsway, the Property provides exceptional visibility and high traffic counts with an abundance of amenities in the surrounding area, including Sunnyside Park, Queen’s Plaza, Cedar Cottage Liquor Store, as well as various local grocery stores, cafes, and restaurants. The Property is currently improved by a 6,488 SF retail building on a 10,065 SF development land providing existing holding income from current tenants.

FOR SALE DETAILS

PRICE

$5,699,000 CAD

PRICE/SF

$878 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,065 SF

ZONING

C-2

APN/PARCEL ID

015-627-659

ASK ABOUT THIS PROPERTY

604-662-5138

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604-662-5138

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