
Courtesy of: Jonathan Lu, Personal Real Estate Corp, Keller Williams Ocean Realty VanCentral
$899,000
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400 square feet
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Retail
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$899,000
1835 W 1ST AVENUE Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401sf street-front retail unit enjoys strong pedestrian traffic and great exposure in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow, a wellness-focused quick-service concept, with a new 5-year lease generating Net $42, 000 annually and 3% yearly increases. Offered at $899, 000, delivering a 4.67% first-year return and projected 5.26% return by Year 5. A fantastic chance to own stable retail income in the heart of Kitsilano. (id:203)