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2041 W 4TH Avenue in Vancouver: Kitsilano Retail for sale (Vancouver West) : MLS®# C8019455

2041 W 4TH Avenue Vancouver V6J 1N3 : Kitsilano

Main Photo: 2041 W 4TH Avenue in Vancouver: Kitsilano Retail for sale (Vancouver West)  : MLS®# C8019455
$10,488,000
Prop. Type:
Retail
MLS® Num:
C8019455
Status:
Active
Build. Type:
Freestanding
Must See! A freestanding retail/residential 2-storey building in Vancouver Kitsilano neighbourhood, located on W4th Ave in between Arbutus & Maple, and is surrounded by various retail stores and famous brand including Lululemon Athletica, Aesop, The North Face, Shoppers Drug Mart, Footlockers, and more. Property is on the north side which had a great mountain view of downtown Vancouver. A very high density neighbourhood. Mins walk to Kitsilano Beach. Ground floor of the building is leased to TURF for 10 year lease and which occupies the whole commercial area of approx 4,000 sq.ft. Remaining lease term is 7 yrs. Residential area is on the second floor where owner occupied a portion and the left portion is rented to tenant m-to-m. Projected income is approx. $230,000. Site area is approx 5,547 sf. (50 ft x 110.94 ft). Building area is around 6,500 sf. Property is under C-2B zoning, FSR up to 2.5. Excellent property either for holding or for future redevelopment.
Sale Type:
Asset
Property Type:
Retail
Construction:
Mixed
Building Type:
Freestanding
Year built:
1980 (Age: 38)
Total Floor Area:
Switch units of measure4,000 sq. ft.
Other Size:
Switch units of measure2,600 sq. ft.
Land Use/Zoning:
C-2B
Taxes:
$74,802.78 / 2017
Air Conditioning
HVAC:
Mixed
Env Assmt Phase:
None
Original Price:
$10,488,000
Listing information last updated on July 16, 2018 at 10:05 PM (UTC)
RAYMOND LEUNG

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