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2063-2065 W 41st Ave 1,815 SF 100% Leased Retail Building Vancouver, BC V6M 1Y7 $3,245,001 USD ($1,787.88 USD/SF) 3% Cap Rate

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EXECUTIVE SUMMARY

Very rarely available at the Prime "Kerrisdale" shopping center location. Street level, 2 existing tenants - leases in place. The building has been well maintained. Two parking spaces at the back. MNN lease, Good for holding income. Info pkg avail, please DO NOT disturb tenants. C2 commercial zoning up to FSR 3.5. Closed to recent Arbutus Corridor Developments. Nearby properties could be purchased for land assembly. Do your due diligence to consult the City. No additional tax for foreign entities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
1,815 SF
Building Class
C
Year Built
1947
Price
$3,245,001 USD
Price Per SF
$1,787.88 USD
Cap Rate
3%
NOI
$97,350 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.60
Lot Size
0.07 AC
Zoning
C-2
Parking
4 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
28’ on W 41st Ave

AMENITIES

  • Bus Line
  • Signage
  • Signalized Intersection
Walk Score®
Walker's Paradise (99)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

CIBC
Nando's Peri-peri
TD Canada Trust
RBC Royal Bank
Starbucks
Tim Hortons
Scotiabank
Club Pilates
White Spot
BMO
  • Listing ID: 29619910

  • Date on Market: 9/25/2023

  • Last Updated:

  • Address: 2063-2065 W 41st Ave, Vancouver, BC V6M 1Y7

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