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Apartments Condo For Sale • 401 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1835 | Retail | 401 SF | $632,787 USD | |
Description401 square foot retail condo unit available for sale. Contact listing agent for additional information. Sale NotesInvestor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver’s most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details. |
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Located in the heart of Kitsilano, 1835 1st Ave W offers a prime street-front retail unit within a mixed-use strata complex. Built in 1995, this 401-square-foot space benefits from strong pedestrian traffic and excellent visibility in one of Vancouver’s most vibrant neighborhoods. Currently leased to a wellness-focused tenant under a new five-year agreement, the property provides stable income and long-term investment security.
| High-exposure location steps from Kits Beach and major residential developments. |
| Excellent walkability and transit access in a thriving commercial corridor. |
| Direct exposure onto W 1st Ave. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 8 min | - | 2.5 mi | |
| 7 min | - | 2.5 mi | |
| Airport | Drive | Walk | Distance |
| Vancouver International | 21 min | - | 7.8 mi |
Jonathan Lu
Real Broker
Jonathan Lu
Real Broker
