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Apartments Condo For Sale • 401 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1835 | Retail | 401 SF | $646,902 USD | |
Description401 square foot retail condo unit available for sale. Sale NotesInvestor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401sf street-front retail unit enjoys strong pedestrian traffic and great exposure in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow, a wellness-focused quick-service concept, with a new 5-year lease generating Net $42,000 annually and 3% yearly increases. Offered at $899,000, delivering a 4.67% first-year return and projected 5.26% return by Year 5. A fantastic chance to own stable retail income in the heart of Kitsilano. |
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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 |
|---|---|---|---|
| Waterfront Station Eastbound (West Coast Express - TransLink) | 7 min | - | 2.5 mi |
| Waterfront Station (West Coast Express - TransLink) | 7 min | - | 2.5 mi |
| Airport | Drive | Walk | Distance |
| Vancouver International | 26 min | - | 8.8 mi |
Jonathan Lu
Keller Williams Ocean Realty VanCentral
Jonathan Lu
Keller Williams Ocean Realty VanCentral
