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$ 7,988,888
Est. payment | /mo
4,939 Sqft Lot
$ 7,988,888
Est. payment | /mo
4,939 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8069655
Year Built 2015
Lot Size 4,939 Sqft
Property Sub-Type Retail
Property Description
100% interest in a fully leased landmark retail investment property located in the heart of the Cambie Village area of Vancouver' s West side. This is a rare opportunity to acquire a premium 8,000 sf retail asset fully rebuilt to a high end restaurant specification in 2015, with extremely strong in place income from an established single tenant with strong covenant. Enjoy a hassle-free incomparable yield for a Vancouver West trophy asset with pride of ownership and underlying future land value from the existing C-2C zoning as well as Broadway Plan and Transit Oriented Density Area designations. 5.26% cap rate on asking.
Location
Province BC
Community Mount Pleasant Vw
Area Vancouver West
Zoning C-2C
Interior
Heating Varies by Unit, HVAC System
Cooling Central Air, Varies by Unit, Air Conditioning, HVAC System
Exterior
Utilities Available Fully Serviced
Roof Type Torch On
Accessibility Handicap Access/Facil
Building
Sewer Public Sewer
Water Public
Others
Restrictions None Known
Ownership Freehold
Security Features Building Security
Virtual Tour https://www.trgcommercial.ca
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