1726 KINGSWAY in Vancouver: Victoria VE Retail for sale (Vancouver East) : MLS®# C8023086
1726 KINGSWAY Vancouver V5N 2S3 : Victoria VE
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Excellent investment opportunity for a 99 yr term of leasehold commercial retail unit with 1 parking. Brand new building with the 1st Tenant for a 5 year Lease + Options which provides stable and long-term income, and a return of approximately 3.75%. Tenant is in Beauty Parlour business and may show on Sunday mornings only in order not to disturb their customers. Many older properties are in the neighbourhood and can expect numerous redevelopments to bring in even more foot traffic for retail shops in the very near future.
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Data was last updated August 7, 2020 at 02:10 PM (UTC)