Your email has been sent.
1835 1st Ave W - Yorkville South 401 SF Retail Condo Unit Offered at $899,000 CAD in Vancouver, BC V6J 5B8
Investment Highlights
- High-exposure location steps from Kits Beach and major residential developments.
- Direct exposure onto W 1st Ave.
- Excellent walkability and transit access in a thriving commercial corridor.
Executive Summary
Located in the heart of Kitsilano, 1835 1st Ave W offers a prime street-front retail unit within a mixed-use strata complex. Built in 1995, this 401-square-foot space benefits from strong pedestrian traffic and excellent visibility in one of Vancouver’s most vibrant neighborhoods. Currently leased to a wellness-focused tenant under a new five-year agreement, the property provides stable income and long-term investment security.
Property Facts
| Total Building Size | 40,292 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 10,073 SF |
| Property Subtype | Apartment | Year Built | 1995 |
| Building Class | B | Lot Size | 0.41 AC |
| Zoning | CD-1 - Comprehensive Development | ||
| Total Building Size | 40,292 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 10,073 SF |
| Year Built | 1995 |
| Lot Size | 0.41 AC |
| Zoning | CD-1 - Comprehensive Development |
Amenities
Unit Amenities
- Air Conditioning
- Heating
Site Amenities
- Bicycle Storage
- Elevator
1 Unit Available
Unit 1835
| Unit Size | 401 SF | Sale Type | Investment |
| Price | $899,000 CAD | Cap Rate | 4.67% |
| Price Per SF | $2,241.90 CAD | NOI | $42,000 CAD |
| Condo Use | Retail |
| Unit Size | 401 SF |
| Price | $899,000 CAD |
| Price Per SF | $2,241.90 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 4.67% |
| NOI | $42,000 CAD |
Description
401 square foot retail condo unit available for sale.
Sale Notes
Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401sf street-front retail unit enjoys strong pedestrian traffic and great exposure in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow, a wellness-focused quick-service concept, with a new 5-year lease generating Net $42,000 annually and 3% yearly increases. Offered at $899,000, delivering a 4.67% first-year return and projected 5.26% return by Year 5. A fantastic chance to own stable retail income in the heart of Kitsilano.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 31 | - | 632 |
| 2+2 | 30 | - | 900 |
Presented by
1835 1st Ave W - Yorkville South
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.