2139-2147 KINGSWAY
Vancouver
V5N 2T4
$7,998,000
Land Commercial, Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Land Commercial, Multi-Family Commercial
- MLS® Num:
- C8051617
- Build. Type:
- Freestanding
- Photos (5)
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Luk Real Estate Group is pleased to list this fully-stratified property containing 14 residential units (8 one-bedroom + 6 two-bedroom) and 4 retail units. The property is fully occupied and produces steady income for investors and developers. As the property consists of 18 strata lots and is 100% owned by one owner, this makes it the perfect for repositioning and provides multiple exit strategies. Under the existing C-2 zoning, the property can be redeveloped as a purpose-built rental building on it own with a density up to 3.50 FSR. If assembled, the property can be redeveloped for up to 3.70 FSR under the existing C-2 zoning. Adjacent to the property is a 6-storey mixed-use development that will deliver 101 Secured Market Rental units.
- Sale Type:
- Asset
- Sublease:
- No
- Total space avail for lease:
- 11,969 sq. ft.
- Construction:
- Concrete, Wood Frame, Mixed
- Building Type:
- Freestanding, Low Rise (2-4 stories), Mixed Use
- Name of Complex/Subdivision:
- Signup
- # Units:
- 14
- # Other Units:
- Signup
- # of Appartments:
- 14
- # of Studio Appartments:
- 0
- # of Penthouse Appartments:
- 0
- # of Bachelor Appartments:
- 0
- # of 4+ Bedroom Appartments:
- 0
- # of 1 Bedroom Appartments:
- 8
- # of 2 Bedroom Appartments:
- 6
- # of 3 Bedroom Appartments:
- 0
- # Storeys:
- 3.0
- Year built:
- 1983 (Age: 41)
- Total Floor Area:
- 11,969 sq. ft.
- Retail Size:
- 7,754 sq. ft.
- Lot Area:
- 11,969 sq. ft.
- Lot Depth:
- 120
- Lot Frontage:
- 99'½"
- Land Use/Zoning:
- C-2
- Permitted Use:
- Multifamily (5+), Retail
- Taxes:
- $76,652.44 / 2022
- Alarm System, Laundry Facility, Secured Building
- # Elevators:
- 1
- Services Connected:
- Electricity, Fully Serviced, Lane Paved, Sidewalk
- Water Supply:
- Municipal
- HVAC:
- Baseboard, Hot Water, Separate Water Heaters
- Roof:
- Signup
- Sewer Septic:
- Municipal/Community
- Potential to Redevelop:
- Yes
- Env Assmt Phase:
- Not Applicable
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Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated September 13, 2024 at 08:10 PM (UTC)
- Bruce Long CCIM, FRI, PREC
- MACDONALD COMMERCIAL R.E.SERV.
- 1 (604) 3122000
- Contact by Email
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
Copyright 2024 by the Greater Vancouver REALTORS®,
Fraser Valley Real Estate Board and Chilliwack & District Real Estate Board. All Rights Reserved.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.