Retail for sale

2257-2273 Kingsway, Victoria VE, Vancouver

$24,880,000 or
$24,880,000 or

Retail for sale

2257-2273 Kingsway, Victoria VE, Vancouver

Features

Lifestyle
224938017 24880000 /en/retail~for-sale~victoria-ve-vancouver/224938017?view=Summary /en/retail~for-sale~victoria-ve-vancouver/224938017/photos 49.2426300000 -123.0592700000 true
Year Built
1980
Floor Area
12,000 sqft
Lot Size
20,813 sqft
Gross Property Tax
$146,812 /year
Building Type
Freestanding, Strip Mall
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, Alarm System, Washrooms Female/Male
81

Description

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.
MLS® Number C8032948

Listing REALTOR®

Cynthia Hsiung, REALTOR<sup>®</sup>

Cynthia Hsiung

REALTOR®

LeHomes Realty Premier

LeHomes Realty Premier,

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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