Development Land

701 KINGSWAY
Mount Pleasant VE Vancouver V5T 3K6

$17,500,000
Land Commercial

Main Photo: 701 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8022855
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8022855
Lee & Associates Vancouver is pleased to present the opportunity to acquire 701 Kingsway, Vancouver, BC (the 'property'), a C-2 (2.5 FSR) zoned retail strip mall located in the heart of Vancouver's Mount Pleasant neighourhood. The property offers an exceptional development opportunity with spectacular views of the North Shore mountains and over 380' ft of frontage on Kingsway, Fraser Street and E 15th Avenue. Strong holding income allows potential developers to minimize overall carrying costs. Please do not disturb commercial tenants.
Sale Type:
Asset
Property Type:
Land Commercial
Construction:
Concrete Block
Total Floor Area:
9,058 sq. ft.
Land Use/Zoning:
C-2
Taxes:
$84,952.72 / 2018
Services Connected:
Fully Serviced
Water Supply:
Municipal
Env Assmt Phase:
Phase/Stage 2
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 701 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8022855
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  • Photo 2: 701 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8022855
    Photo 2 of 4
  • Photo 3: 701 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8022855
    Photo 3 of 4
  • Photo 4: 701 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8022855
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Listed by Lee & Associates Vancouver
Listing information last updated on January 9, 2019 at 11:06 PM (UTC)
Bruce Long CCIM, FRI