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$5,699,000
Est. payment /mo
6,488 SqFt
Price Dropped by $200K
1041 KINGSWAY Vancouver, BC V5V 3C7
UPDATED:
10/23/2024 07:28 PM
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
Listed by CBRE Limited