Real Broker - Jonathan Lu
1835 W 1ST AVENUE Vancouver, British Columbia
Description
Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details. (id:24493)
MLS® #C8077141
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
MLS® #C8077141
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA
Images:
- Ad Type: Offering
Offer:
$
899000
In stock
2026-08-11
https://ohmy.ca/british-columbia/real-estate/land-for-sale/1835-w-1st-avenue-vancouver-british-columbia_1971628.html
Real Broker - Jonathan Lu
5/
5customer reviews
Category:
real estate | land for sale
2026-06-27