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2063-2065 W 41st Ave

1,815 SF 100% Leased Retail Building Vancouver, BC V6M 1Y7 £2,475,871 (£1,364/SF) 3% Net Initial Yield

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
£2,475,871
Price Per SF
£1,364
Net Initial Yield
3%
NOI
£74,276
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
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 ft on W 41st Ave

Amenities

  • Bus Route
  • Signage
  • Signalised 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

Nando's
CIBC
TD Canada Trust
RBC Royal Bank
Starbucks
Tim Hortons
Scotiabank
White Spot
save on foods
Club Pilates
  • Listing ID: 29619910

  • Date on Market: 25/09/2023

  • Last Updated:

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

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