Prime commercial property located at Kingsway and Glen Drive corner. Huge approximately 15,199 square feet lot. Heavy traffic and visual exposure on both Kingsway and Glen Drive.
Easy access to downtown commercial core as well. Approximate 7,800 Sq Ft leasable area has been occupied by two tenants. One 10 years lease term automotive transmission shop tenant pay $10,000 monthly gross rent; one month to month auto repair shop tenant (has been in this place since 10 years) pay $6,200 monthly gross rent. Total gross income per month is $16,200, total gross income per annum is $194,400. Approx. net income $144,815 per annum. Perfect property for income and investment purposes.
Price:
$3,880,000
Property Type:
Retail
Status:
Sold
Data was last updated September 22, 2023 at 02:10 AM (UTC)
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
