|
1st Floor - Unit 3454
|
Retail
|
749 SF
|
$401,424 USD
|
|
-
Unit Size: 749 SF
-
Condo Use: Retail
-
Price: $401,424 USD
-
Sale Type: Investment
-
Price/SF: $535.95 USD
Description
749 sf shop w/HVAC, security system, 9' ceiling, 2-pc powder rm. Close to UBC & Downtown Vancouver. One assigned U/G parking stall. 10+ yr long time good tenant, lease expires Jan 31, 2028, no option to renew. Invest, hold or/& plan your own business in the near future. C-2C1 zoned, Basic rent average $2,465.46/month ($39.50/sf). Tenant pays hydro, property tax & strata fees. Strata Leasehold property. 33 years young building with 2025 roof.
Sale Notes
Excellent West Broadway Corridor retail investment with net 5.4% Return on Investment. 18' frontage provides great Branding opportunity. 749 sf shop w/HVAC, security system, 9' ceiling, 2-pc powder rm. Close to UBC & Downtown Vancouver. One assigned U/G parking stall. 10+ yr long time good tenant, lease expires Jan 31, 2028, no option to renew. Invest, hold or/& plan your own business in the near future. C-2C1 zoned, Basic rent average $2,465.46/month ($39.50/sf). Tenant pays hydro, property tax & strata fees. Strata Leasehold property. 33 years young building with 2025 roof.
|