Charles Zhou PREC
Residential and Commercial expert
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1146 KINGSWAY
Knight Vancouver V5V 3C8

$2,888,000
Retail

Status:
Active
Prop. Type:
Retail
MLS® Num:
C8061001
Coveted Retail Building with Income Upside and Intrinsic Land Value • Premium retail location along Kingsway between Fraser and Knight Streets • Income potential with future development potential • 49.5 FT of frontage along Kingsway provide excellent exposure and accessibility Formerly operating as a restaurant, this space has a dining area that seats 70 patrons comfortably with high pedestrian and traffic flow frontage. Also on the property is a large 3 bed, 2 bath residential suite attached. Plenty of storage and 4 parking stalls at the rear plus ample street side parking. The subject property has approximately 1,650 SOFT of restaurant space with 1,000 SOFT of storage area and an additional 1,650 SOFT of residential area.
Sale Type:
Asset
Name of Complex/Subdivision:
# Other Units:
Total Floor Area:
4,300 sq. ft.
Lot Area:
5,049 sq. ft.
Lot Depth:
102
Lot Frontage:
49'6"
Land Use/Zoning:
C-2
Permitted Use:
Mixed Use, Retail
Taxes:
$18,177 / 2023
Services Connected:
Cable, Curb; Gutter, Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Telephone, Sanitary Sewer, Sidewalk
Water Supply:
Municipal
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
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Listed by London Pacific
Data was last updated November 23, 2024 at 07:10 AM (UTC)
CHARLES ZHOU PERSONAL REAL ESTATE CORPORATION
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®, Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.