1835 W 1st Avenue

Kitsilano, Vancouver, British Columbia

$899,000

• 401 sq ft
• Retail
• Built 1995
• Strata fee $471/month

About this home

Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details. (id:67742)

Property details

Building & interior

Building features

Street Lighting

Lot & exterior

Lot features

Lane

Zoning

CD-1 (305)

Utilities

Water, Electricity

Sewer

Storm sewer

Strata & taxes

Lease per unit

square feet

Property taxes

$4,219.89

Tax year

2025

More details

Road surface type

Paved road

Listed by Jonathan Lu, Real Broker

Book a showing · Call 604-771-6415

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