Retail for sale
1041 Kingsway, Fraser VE, Vancouver
$5,699,000
Features
Year Built
1957
Floor Area
6,488 sqft
Lot Size
10,065 sqft
Gross Property Tax
$53,934.80 /year
Building Type
Street-Level Storefront
Zoning
C-2
Description
CBRE Limited is pleased to present the opportunity to acquire 1041 Kingsway (the “Property”) - a single-storey retail investment property with development potential located in the desirable Kensington-Cedar Cottage neighbourhood of East Vancouver. Situated along the main thoroughfare of Kingsway, the Property provides exceptional visibility and high traffic counts with an abundance of amenities in the surrounding area, including Sunnyside Park, Queen’s Plaza, Cedar Cottage Liquor Store, as well as various local grocery stores, cafes, and restaurants. The Property is currently improved by a 6,488 SF retail building on a 10,065 SF development land providing existing holding income from current tenants. Potential for owner-user to occupy one of the units.
MLS® Number C8055245