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1835 1st Ave W - Yorkville South 401 SF Retail Condo Unit Offered at $633,232 in Vancouver, BC V6J 5B8
Investment Highlights
- High-exposure location steps from Kits Beach and major residential developments.
- Direct exposure onto W 1st Ave.
- Excellent walkability and transit access in a thriving commercial corridor.
Executive Summary
Located in the heart of Kitsilano, 1835 1st Ave W offers a prime street-front retail unit within a mixed-use strata complex. Built in 1995, this 401-square-foot space benefits from strong pedestrian traffic and excellent visibility in one of Vancouver’s most vibrant neighborhoods. Currently leased to a wellness-focused tenant under a new five-year agreement, the property provides stable income and long-term investment security.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 4.67% |
| Sale Type | Investment |
| Cap Rate | 4.67% |
Description
401 square foot retail condo unit available for sale. Contact listing agent for additional information.
Sale Notes
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.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1835 | 401 SF | Retail | $633,232 USD ($1,579.13 USD/SF) | $29,583.71 USD |
Unit 1835
| Unit Size |
| 401 SF |
| Condo Use |
| Retail |
| Price |
| $633,232 USD ($1,579.13 USD/SF) |
| NOI |
| $29,583.71 USD |
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Unit 1835
| Unit Size | 401 SF |
| Condo Use | Retail |
| Price | $633,232 USD ($1,579.13 USD/SF) |
| NOI | $29,583.71 USD |
| Sale Type | Investment |
| Cap Rate | 4.67% |
| Description | |
| 401 square foot retail condo unit available for sale. Contact listing agent for additional information.</li></ul> | |
| Sale Notes | |
| 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.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 40,292 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 10,073 SF |
| Property Subtype | Apartment | Year Built | 1995 |
| Building Class | B | Lot Size | 0.41 AC |
| Zoning | CD-1 - Comprehensive Development | ||
| Total Building Size | 40,292 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 10,073 SF |
| Year Built | 1995 |
| Lot Size | 0.41 AC |
| Zoning | CD-1 - Comprehensive Development |
Amenities
Site Amenities
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 31 | - | 632 |
| 2+2 | 30 | - | 900 |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Strong public transit
80/100
Exceptionally bikeable
100/100
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1835 1st Ave W - Yorkville South
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