Retail for sale

1041 Kingsway, Fraser VE, Vancouver

$5,899,000 or
Retail for sale in Fraser VE, Vancouver, Vancouver East, 1041 Kingsway, 224960314 | Realtylink.org
$5,899,000 or

Retail for sale

1041 Kingsway, Fraser VE, Vancouver

Features

Lifestyle
224960314 5899000 /en/retail~for-sale~fraser-ve-vancouver/224960314?view=Summary /en/retail~for-sale~fraser-ve-vancouver/224960314/photos 49.2537500000 -123.0828300000 true
Year Built
1957
Floor Area
6,488 sqft
Lot Size
10,065 sqft
Gross Property Tax
$53,934.80 /year
Building Type
Street-Level Storefront
Zoning
C-2
95

Description

CBRE Limited is pleased to present the opportunity to acquire 1041 Kingsway (the “Property”) - a single-storey retail investment property with development potential located in the desirable Kensington-Cedar Cottage neighbourhood of East Vancouver. Situated along the main thoroughfare of Kingsway, the Property provides exceptional visibility and high traffic counts with an abundance of amenities in the surrounding area, including Sunnyside Park, Queen’s Plaza, Cedar Cottage Liquor Store, as well as various local grocery stores, cafes, and restaurants. The Property is currently improved by a 6,488 SF retail building on a 10,065 SF development land providing existing holding income from current tenants. Potential for owner-user to occupy one of the units.
MLS® Number C8055245

Listing REALTORS®

Adrian Beruschi, REALTOR<sup>®</sup>, Personal Real Estate Corporation

Adrian Beruschi

REALTOR®, Personal Real Estate Corporation

CBRE Limited

Carter Kerzner, REALTOR<sup>®</sup>

Carter Kerzner

REALTOR®

CBRE Limited

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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