Retail for sale

5829-5837 Victoria Drive, Killarney VE, Vancouver

$7,900,000 or
$7,900,000 or

Retail for sale

5829-5837 Victoria Drive, Killarney VE, Vancouver

Features

Lifestyle
224959984 7900000 /en/retail~for-sale~killarney-ve-vancouver/224959984?view=Summary /en/retail~for-sale~killarney-ve-vancouver/224959984/photos 49.2312700000 -123.0658100000 true
Year Built
1951
Floor Area
4,900 sqft
Lot Size
7,288 sqft
Gross Property Tax
$51,873.20 /year
Building Type
Freestanding, Street-Level Storefront
Zoning
C-2
Subject Property Width
66 ft
Subject Property Depth
110.42 ft
Amenities
Storefront
93

Description

Sutton Group West Coast Realty is pleased to present the rare opportunity to acquire a prime freestanding commercial building on the highly desirable Victoria Drive. This vibrant street in the heart of Vancouver blends modern and heritage shops and restaurants bringing the community together with its diverse culture. The extra wide 7,260 sq ft (Approx. 66x110) lot is improved with two retail spaces currently occupied by stable, long-time tenants providing good holding income with significant upside rents in the near future. Income potential of over $230,000. C2 district schedule with current FSR of 2.5 (18,150sq ft) allows for exceptional assembly and redevelopment potential. Don’t let this gem go! **Please kindly DO NOT disturb tenants; Contact Listing Realtor first for further details and information.**
MLS® Number C8054915

Listing REALTOR®

Samuel Lam, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Samuel Lam

REALTOR®, Personal Real Estate Corporation

Sutton Group-West Coast Realty

Sutton Group-West Coast Realty,

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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