3

Retail For Sale $836,900 2685 Kingsway

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Summary
Address
2685 Kingsway
Size
1,287 SqFt
Listing Type
For Sale
Property Type
Retail
Commercial Type
n/a

Photos

3

Highlights

CD-1 Zoning
High Traffic Area, Retail Ground Floor Exposure
Potential Rental Income: $42,174/ Yr Net

Description

Ideal for investors or owner operators alike, Klein Group offers the unique opportunity to purchase the final two remaining commercial retail units located at the 130 unit Skyway Tower, THIND Property’s landmark development in the heart of Vancouver’s vibrant new Norquay Community. Skyway Tower is THIND’s premier “Signature Gold Development”, includes some of the finest environmentally progressive features within a concrete 12 storey hi-rise and 4 storey mid-rise. Purchasers are provided with the option to acquire one of the two units or both jointly which would provide for up to almost 2500 sf of prime retail area. As an investor, the purchaser should be able to achieve a healthy Cap Rate ranging between 4.6 to 5.2%. As an owner operator, a business owner would acquire the ideal opportunity of exposure to one of Vancouver’s main high traffic arteries.

Additional Information

Location
Land
Building
Financial
Sales Data
Mortgage Calculator
Address 2685 Kingsway
City Vancouver
Province BC
Postal Code V5R 5H4
Zone BC
Primary Property TypeRetail
Interest In LandStrata
Zoning/Municipal CodeCD-1
Potential to Redevelop?No
Environ. Assessment Done?No
Reports AvailableNo
Subject Space SqFt 1287
Transaction Type For Sale
Sale Type Asset
List Price 836900
Is this a Sublease? No
Gross Property Tax 8,831.63
Tax Year 2015
%

Contact

For more details, please contact our specialists.

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$455,000

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1,287 SqFt

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