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Kingsway 2 Retail Condos Offered at $3,197,338 in Vancouver, BC
Investment Highlights
- Situated in a rapidly evolving residential and commercial corridor of Vancouver
- Redevelopment potential up to six stories with mixed-use configuration
- Corner frontage on Kingsway for superior exposure and retail presence
- Three-lot assembly totaling approximately 7,167 sqft with C-2 zoning
Executive Summary
1590-1594 KINGSWAY & 4195 Perry St, Rare Kingsway Corner Lot !!! C-2 zoning can build up to 6-Storeys Commercial and Residential mix-use, recently applications are all FSR 3.7-3.8 across street. One of the fastest-growing residential hot spot of Vancouver. Current subject property consist of 3 lots totaled 71,677 sqft, 10 residential units with 2 street front retail units, one vacant lot on west and 1 billboard.
Property Facts
| Price | $3,197,338 USD | Status | Active |
| Price / SF | $674.54 USD / SF | Number of Properties | 3 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Cap Rate | 4.90% | Total Building Size | 4,740 SF |
| Sale Type | Investment |
| Price | $3,197,338 USD |
| Price / SF | $674.54 USD / SF |
| Sale Condition | Redevelopment Project |
| Cap Rate | 4.90% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,740 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1598 Kingsway, 1st Floor - Unit 1590, Vancouver, BC V5N 2R9 | Retail Condo | 2,389 SF | 1980 | - |
| 1598 Kingsway, 1st Floor - Unit 1594, Vancouver, BC V5N 2R9 | Retail Condo | 2,351 SF | 1980 | - |
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