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1133 KINGSWAY
Knight Vancouver V5V 3C9

$3,200,000
Land Commercial

Main Photo: 1133 KINGSWAY in Vancouver: Knight Land Commercial for sale (Vancouver East)  : MLS®# C8036022
Status:
Active
Prop. Type:
Land Commercial
MLS® Num:
C8036022
Build. Type:
Low Rise (2-4 stories)
Avison Young is pleased to present the opportunity to acquire a 100% occupied commercial building with future redevelopment potential in the rapidly developing Kingsway Corridor. Located between Knight and Fraser Streets, the Property is well located to take advantage of Translink's Frequent Transit Network as well as the region's thoroughfares, providing excellent access and egress. The C-2 District Schedule allows for a wide variety of options including dwelling uses above the ground floor as a conditional use. The intent of this schedule is to provide a wide range of commercial uses serving both local and city wide needs, as well as residential uses, along arterial roads. The Property has the potential to be built up to a 2.5 FSR (10,065 sf) but also explicitly allow for mixed-use rental-only developments up to 3.5 FSR (14,091 sf) in most cases, and 3.7 FSR for sites of scale.
Sale Type:
Asset
Property Type:
Land Commercial
Building Type:
Low Rise (2-4 stories), Mixed Use
Year built:
1973 (Age: 48)
Total Floor Area:
4,160 sq. ft.
Retail Size:
2,260 sq. ft.
Other Size:
1,900 sq. ft.
Land Use/Zoning:
C2
Taxes:
$11,717.1 / 2020
Services Connected:
Electricity
Water Supply:
Municipal
Env Assmt Phase:
None
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Lse Op Costs SF:
Previous Price:
Original Price:
  • Photo 1: 1133 KINGSWAY in Vancouver: Knight Land Commercial for sale (Vancouver East)  : MLS®# C8036022
    Photo 1 of 1
Listed by Avison Young
Data was last updated January 23, 2021 at 01:05 AM (UTC)
Bruce Long CCIM, FRI, PREC
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