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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.
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. Contact listing agent for additional information.
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.
Interior Photo
Interior Photo
Interior Photo
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
Site Amenities
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 31 | - | 632 |
| 2+2 | 30 | - | 900 |
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1835 1st Ave W - Yorkville South
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