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Cell: 604-970-8536
Altin Yousefi
RE/MAX Crest Realty
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2827-2837 Arbutus Street
Kitsilano Vancouver V6J 3Y7

$
Commercial Lease

Status:
Active
Prop. Type:
Commercial Lease
MLS® Num:
C8067989
Build. Type:
Condo Strata Complex
Prime Arbutus location ! Excellent investment opportunity in Kitsilano, 2 strata units street level retail space located on high profile corner of Arbutus Street and 12th with good exposure and walking distance to the future skytrain station. This retail space presents an excellent holding property or owner user for long term growth and capital appreciation. 2 parking included and lot of street parkings in the area.
Sale Type:
Lease
Lease Type:
Net
Lease Term:
60 Months
Sublease:
Yes
Property Type:
Commercial Lease
Commercial Type:
Retail
Construction:
Concrete
Name of Complex/Subdivision:
Luzon
Num Storeys:
4
Building Type:
Condo Strata Complex, Mixed Use, Street-Level Storefront
# Bldgs:
1
Home Owners Association:
Yes
Year built:
2009 (Age: 16)
Leasable Area:
1,485 sq. ft.
Subject Property Depth:
0'
Subject Property Width:
0'
Contiguous Spc:
1,485 sq. ft.
Title to Land:
Freehold
Lot Area:
0 sq. ft.
Zoning:
Potential to Redevelop:
Yes
Fencing:
# Of Parking Spaces - Total:
Road Frontage:
Heating:
Cooling:
Air Conditioning, HVAC System
Electricity:
No
Services Connected:
Garbage Collection, Sidewalk
Sewer:
Public Sewer, Storm Sewer
Parcel Number:
800177121
Taxes:
$19,606.84 / 2024
Washrooms Female/Male
No
1 MONTH BASIC RENT
Water Supply:
Public
Water Rights:
No
Roof:
Potential to Redevelop:
Yes
Env Assmt Phase:
No
Cap Rate %:
Gross Income:
Oper. Expenses:
Association Fee:
$813.00
Other Income:
Effective Gross Income:
Net Operating Income:
Basic Rent per Month:
5568.75
Additional Rent per Month:
3093.75
Basic Rent per Annum:
66825.0
Basic Rent per Annum per SF:
45.0
Additional Rent per Annum per SF:
25.0
Previous Price:
Original Price:
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Listed by Royal Pacific Realty Corp.
Data was last updated April 3, 2025 at 03:40 AM (UTC)
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