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2662 4th Av W - Star of Kitsilano 2,624 SF Retail Condo Unit Offered at $2,550,000 CAD in Vancouver, BC V6K 1P7



Investment Highlights
- Located in the popular Kitsilano neighborhood along West 4th Avenue, a prime Vancouver retail corridor
- Offers strong visibility and consistent pedestrian traffic supported by surrounding retail and residential density
- Currently built out as a functional, turnkey yoga studio with established client base
- Incorporates three designated parking stalls providing rare added convenience in an urban setting
- Positioned in a growth-oriented market with sustained residential and commercial development trends
Executive Summary
Star of Kitsilano is a four-story residential strata building constructed in 1996 and located at West 4th Avenue and Stephens Street in Vancouver’s Kitsilano neighborhood. The building features frame-wood construction with a concrete perimeter foundation and partial rain screen. Nearby amenities include retail along West 4th Avenue, multiple schools, grocery stores, and local parks.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
Description
This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.
Sale Notes
This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.
Ownership flexibility is a key advantage, as the property suits both investors seeking stable returns and owner-users desiring immediate occupancy options. A potential short-term leaseback by the current operator offers interim income, mitigating vacancy risk.
The unit delivers excellent visibility along West 4th Avenue with strong frontage and steady pedestrian flow, further supported by Vancouver’s continued residential and commercial growth in the Kitsilano corridor. The property includes three designated parking stalls at the rear, enhancing convenience for customers and staff. Surrounding amenities, a dense residential base, and connectivity via major thoroughfares bolster its long-term value proposition.
Ownership flexibility is a key advantage, as the property suits both investors seeking stable returns and owner-users desiring immediate occupancy options. A potential short-term leaseback by the current operator offers interim income, mitigating vacancy risk.
The unit delivers excellent visibility along West 4th Avenue with strong frontage and steady pedestrian flow, further supported by Vancouver’s continued residential and commercial growth in the Kitsilano corridor. The property includes three designated parking stalls at the rear, enhancing convenience for customers and staff. Surrounding amenities, a dense residential base, and connectivity via major thoroughfares bolster its long-term value proposition.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2662 | 2,624 SF | Retail | $2,550,000 CAD ($971.80 CAD/SF) | - |
Unit 2662
| Unit Size |
| 2,624 SF |
| Condo Use |
| Retail |
| Price |
| $2,550,000 CAD ($971.80 CAD/SF) |
| NOI |
| - |
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Unit 2662
| Unit Size | 2,624 SF |
| Condo Use | Retail |
| Price | $2,550,000 CAD ($971.80 CAD/SF) |
| NOI | - |
| Sale Type | Owner User |
| Description | |
| This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.</li></ul> | |
| Sale Notes | |
| This offering represents an opportunity to acquire a fully improved, street-level retail strata unit within Kitsilano, one of Vancouver’s most vibrant neighborhoods. Positioned in the mixed-use Star of Kitsilano development, built by Cressey in 1996, the property spans approximately 2,624 square feet and is currently configured as a functional turnkey yoga studio with a dedicated clientele. The layout, visibility, and interior condition make it highly adaptable for various retail or service uses.<br> <br> Ownership flexibility is a key advantage, as the property suits both investors seeking stable returns and owner-users desiring immediate occupancy options. A potential short-term leaseback by the current operator offers interim income, mitigating vacancy risk.<br> <br> The unit delivers excellent visibility along West 4th Avenue with strong frontage and steady pedestrian flow, further supported by Vancouver’s continued residential and commercial growth in the Kitsilano corridor. The property includes three designated parking stalls at the rear, enhancing convenience for customers and staff. Surrounding amenities, a dense residential base, and connectivity via major thoroughfares bolster its long-term value proposition.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 88,145 SF | Floors | 4 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 22,036 SF |
| Property Subtype | Apartment | Year Built | 1996 |
| Building Class | C | Lot Size | 0.65 AC |
| Zoning | C-2 - Commercial | ||
| Total Building Size | 88,145 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | C |
| Floors | 4 |
| Typical Floor Size | 22,036 SF |
| Year Built | 1996 |
| Lot Size | 0.65 AC |
| Zoning | C-2 - Commercial |
Amenities
Site Amenities
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 42 | - | 533 |
| 2+2 | 42 | - | 966 |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Very bikeable
80/100
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Street
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2662 4th Av W - Star of Kitsilano
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