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2273 KINGSWAY
Victoria VE Vancouver V5N 2T6

$23,880,000
Retail

Main Photo: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
Photo 1: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
Photo 2: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
Photo 3: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
Photo 4: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
Photo 5: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
Status:
Active
Prop. Type:
Retail
MLS® Num:
C8032948
Build. Type:
Freestanding
Retail strip mall on busy Kingsway near Nanaimo Street in the heart of Vancouver's Kensington-Cedar Cottage neigbourhood. High Exposure location with excellent visibility for retail spaces. Located within the boundaries of the Norquay Village Neigbourhood Centre Plan with rezoning possibility for development of mixed-used buildings up to 14 storeys at density of 3.8 FSR, subject to final approval of re-zoning application to City of Vancouver by buyer. Details of the policies and development parameters can be found under section 4.0 of the above-mentioned plan posted in City's official site (Vancouver.ca). All 9 retail units rented out to good tenants, lots of additional parking spaces available in underground garage level. Great investment opportunity.
Sale Type:
Asset
Property Type:
Retail
Construction:
Concrete, Mixed
Building Type:
Freestanding, Strip Mall
Year built:
1980 (Age: 41)
Total Floor Area:
12,000 sq. ft.
Retail Size:
12,000 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$135,675.81 / 2019
Air Conditioning, Alarm System, Washrooms Female/Male
Services Connected:
Electricity, Street Lighting, City Water
Water Supply:
Municipal
HVAC:
Electric, Separate Controls
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
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  • Photo 2: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
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  • Photo 3: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
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  • Photo 4: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
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  • Photo 5: 2273 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East)  : MLS®# C8032948
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Listed by LeHomes Realty Premier
Data was last updated June 15, 2021 at 04:00 AM (UTC)
SONNY KLAIR
ICILAND
Cell: 778-989-6394
Office: 604-322-3000
Fax: 604-322-9399

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