Retail For Sale

2685 Kingsway

Vancouver, British Columbia

$836,900

1,287 Sqft
Basic Details
Status: Sold
Property Type: Retail
Listing Type: For Sale
Price: $836,900
Sq Ft: 1,287 Sqft
Property Description
  • CD-1 Zoning
  • High Traffic Area, Retail Ground Floor Exposure
  • Potential Rental Income: $42,174/ Yr Net
  • Can be Purchased with 2681 Kinsway

Ideal for investors or owner operators alike, Klein Group offers the unique opportunity to purchase the final two remaining commercial retail units located at the 130 unit Skyway Tower, THIND Property’s landmark development in the heart of Vancouver’s vibrant new Norquay Community.

Skyway Tower is THIND’s premier “Signature Gold Development”, includes some of the finest environmentally progressive features within a concrete 12 storey hi-rise and 4 storey mid-rise.

Purchasers are provided with the option to acquire one of the two units or both jointly which would provide for up to almost 2500 sf of prime retail area. As an investor, the purchaser should be able to achieve a healthy Cap Rate ranging between 4.6 to 5.2%. As an owner operator, a business owner would acquire the ideal opportunity of exposure to one of Vancouver’s main high traffic arteries.

Additional Information
2685 Kingsway
2685
Kingsway
Canada, British Columbia, Vancouver, V5R 5H4
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2015
$8,832
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Neighbourhood Information
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"NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assume no responsibility for its accuracy."