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3424-3458 W Broadway 749 SF Retail Condo Unit Offered at $401,424 in Vancouver, BC V6R 2B4
Investment Highlights
- Includes one assigned underground parking stall in a well-maintained strata building
- 18-foot frontage along West Broadway provides strong visibility and branding potential
- Located near UBC and Downtown Vancouver in a high-demand retail corridor
Executive Summary
Retail property located on West Broadway in Vancouver, British Columbia. The building is approximately 33 years old with a roof replacement scheduled for 2025. The property includes one underground parking stall and is zoned C-2C1. It is situated near the University of British Columbia and Downtown Vancouver, within a mixed-use commercial corridor.
Property Facts
| Total Building Size | 68,340 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 15,035 SF |
| Property Subtype | Apartment | Year Built | 1993 |
| Building Class | C | Lot Size | 0.48 AC |
| Zoning | C-2C1 - Commercial | ||
| Total Building Size | 68,340 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 15,035 SF |
| Year Built | 1993 |
| Lot Size | 0.48 AC |
| Zoning | C-2C1 - Commercial |
1 Unit Available
Unit 3454
| Unit Size | 749 SF | Condo Use | Retail |
| Price | $401,424 USD | Sale Type | Investment |
| Price Per SF | $535.95 USD | APN/Parcel ID | 019-041-322 |
| Unit Size | 749 SF |
| Price | $401,424 USD |
| Price Per SF | $535.95 USD |
| Condo Use | Retail |
| Sale Type | Investment |
| APN/Parcel ID | 019-041-322 |
Description
749 sf shop w/HVAC, security system, 9' ceiling, 2-pc powder rm. Close to UBC & Downtown Vancouver. One assigned U/G parking stall. 10+ yr long time good tenant, lease expires Jan 31, 2028, no option to renew. Invest, hold or/& plan your own business in the near future. C-2C1 zoned, Basic rent average $2,465.46/month ($39.50/sf). Tenant pays hydro, property tax & strata fees. Strata Leasehold property. 33 years young building with 2025 roof.
Sale Notes
Excellent West Broadway Corridor retail investment with net 5.4% Return on Investment. 18' frontage provides great Branding opportunity. 749 sf shop w/HVAC, security system, 9' ceiling, 2-pc powder rm. Close to UBC & Downtown Vancouver. One assigned U/G parking stall. 10+ yr long time good tenant, lease expires Jan 31, 2028, no option to renew. Invest, hold or/& plan your own business in the near future. C-2C1 zoned, Basic rent average $2,465.46/month ($39.50/sf). Tenant pays hydro, property tax & strata fees. Strata Leasehold property. 33 years young building with 2025 roof.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 46 | - | - |
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3424-3458 W Broadway
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