Retail for sale

1726 Kingsway, Victoria VE, Vancouver

$936,000 or
$936,000 or

Retail for sale

1726 Kingsway, Victoria VE, Vancouver

Features

Lifestyle
224950047 936000 /en/retail~for-sale~victoria-ve-vancouver/224950047?view=Summary /en/retail~for-sale~victoria-ve-vancouver/224950047/photos 49.2469200000 -123.0693600000 true
Year Built
2017
Floor Area
1,172 sqft
Gross Property Tax
$1,416 /year
Building Type
Condo Strata Complex, Low Rise (2-4 storeys), Mixed Use
Building / Complex Name
The Brice
Zoning
C-2
# of Parking Spaces
2
Amenities
Air Conditioning, HVAC System, Washrooms Female/Male
81

Description

4.4% CAP RATE IN VANCOUVER. 1,172 SF streetfront retail unit along the active Kingsway corridor. The subject property is currently tenanted by a successful beauty salon, offering a turn-key investment with excellent cashflow (NOI: $41,037.50). Opportunity to increase the income come the tenant's renewal in January 2023.
MLS® Number C8044978

Listing REALTORS®

Seamus Bailey, REALTOR<sup>®</sup>

Seamus Bailey

REALTOR®

William Wright Commercial Real Estate Services

Meg Cooney, REALTOR<sup>®</sup>

Meg Cooney

REALTOR®

William Wright Commercial Real Estate Services

Liam Simpson, REALTOR<sup>®</sup>

Liam Simpson

REALTOR®

William Wright Commercial Real Estate Services

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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