Office for sale
2257-2273 Kingsway, Victoria VE, Vancouver
$18,900,000
Features
Year Built
1980
Floor Area
12,000 sqft
Lot Size
20,813 sqft
Gross Property Tax
$151,636 /year
Building Type
Condo Strata Complex, Marine
Building / Complex Name
Kings Mall
Zoning
C-2
# of Parking Spaces
50
Subject Property Width
197.82 ft
Subject Property Depth
105.21 ft
Amenities
Air Conditioning, Boardroom, Cranes
Description
Strip Mall on busy Kingsway near Nanaimo Street. 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 storey 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. Good investment opportunity.
MLS® Number C8063840