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1041 Kingsway 6,488 SF Retail Building Vancouver, BC V5V 3C7 $4,012,787 USD ($618.49 USD/SF)
Investment Highlights
- Highly visible Kingsway frontage with strong traffic counts.
- Favorable zoning (C-2 Commercial) with mixed-use redevelopment potential.
- Close proximity to downtown Vancouver and upcoming transit expansions.
- 10,065 SF development land in a vibrant commercial corridor.
- Existing retail structure providing income and flexibility for redevelopment planning.
- Surrounded by a diverse mix of shops, restaurants, and services, supporting future demand.
Executive Summary
This property at 1041 Kingsway offers a compelling opportunity for investors and developers in one of Vancouver’s most dynamic neighborhoods, Kensington-Cedar Cottage. The site features a single-story retail building of 6,488 SF and a generous 10,065 SF land parcel, creating potential for redevelopment in a highly visible and amenity-rich corridor. The property is zoned C-2 Commercial, providing flexibility and allowing for mixed-use development options, including up to 2.5 FSR for market condos and 3.5 FSR for rental units.
Positioned along Kingsway, this location enjoys excellent exposure and robust traffic counts, with surrounding shopping, dining, and recreational amenities such as Sunnyside Park and Queen’s Plaza. It offers ease of access to major thoroughfares, public transportation, downtown Vancouver, and future transit expansions like the Main-Broadway Station. Current leases provide holding income while allowing adaptable structures to support future redevelopment plans.
This asset delivers strong long-term value for stakeholders aiming to capitalize on Vancouver’s growth with a property that combines current income and significant upside for infill development.
Positioned along Kingsway, this location enjoys excellent exposure and robust traffic counts, with surrounding shopping, dining, and recreational amenities such as Sunnyside Park and Queen’s Plaza. It offers ease of access to major thoroughfares, public transportation, downtown Vancouver, and future transit expansions like the Main-Broadway Station. Current leases provide holding income while allowing adaptable structures to support future redevelopment plans.
This asset delivers strong long-term value for stakeholders aiming to capitalize on Vancouver’s growth with a property that combines current income and significant upside for infill development.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,488 SF
Year Built
1957
Price
$4,012,787 USD
Price Per SF
$618.49 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.64
Lot Size
0.23 AC
Zoning
C-2 - C-2 zoning allows for mixed-use development with retail or commercial space at grade and residential units above.
Frontage
29’ on kingsway
Amenities
- Bus Line
- Signage
- Signalized Intersection
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Very bikeable
80/100
Nearby Major Retailers
1 of 4
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1041 Kingsway
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