1041 KINGSWAY Active

Vancouver,BC V5V 3C7

$ 5699000

- Bed

- Bath

6488 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,488 sqft

Price per Sqft $878

Subdivision Fraser Ve

MLS Listing ID C8055245

Year Built 1957

Annual Tax Amount $53,934

Tax Year 2023

Property 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.

Location

Province BC

Community Fraser Ve

Area Vancouver East

Zoning British Columbia Default Zone

Region Greater Vancouver

City Region Greater Vancouver

Building

Dwelling Type Retail

Structure Type See Remarks

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