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1823-1825 W 4TH Avenue
Kitsilano Vancouver V6J 1M4

$4,990,000
Multi-Family Commercial, Retail

Main Photo: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
Photo 1: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
Photo 2: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
Photo 3: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
Status:
Active
Prop. Type:
Multi-Family Commercial, Retail
MLS® Num:
C8065035
Build. Type:
Multiple Tenant/Multi-Plex (5+)
Prime mixed-use property in the coveted Kitsilano community with excellent exposure on West 4th Ave. just west of Burrard St. This 2-storey mixed-use building includes 1,040 sf commercial storefront, four 1-bedroom and one 3-bedroom residential suites and a full unfinished basement. Vacant on possession of the 3-bdm and one of the 1-bdm suites. All others leases are month to month including retail. Two surface parking. Highly accessible with a walking score of 99! There is a bus stop out front and the future Skytrain is a few blocks away. Short walking distance to Granville Island and Kits Beach, and just over the Burrard St. bridge to downtown. With Kitsilano property values consistently on the rise, this property presents an excellent holding property with upside or owner/user opportunity for long term growth and capital appreciation.
Sale Type:
Asset
Construction:
Concrete Block, Wood Frame
Building Type:
Multiple Tenant/Multi-Plex (5+), Street-Level Storefront
Name of Complex/Subdivision:
# Bldgs:
1
# Other Units:
# of Apartments:
5
# of 1 Bedroom Apartments:
4
# of 3 Bedroom Apartments:
1
# Storeys:
2.0
Year built:
1912 (Age: 113)
Total Floor Area:
2,825 sq. ft.
Retail Size:
1,040 sq. ft.
Lot Area:
2,825 sq. ft.
Lot Depth:
113
Lot Frontage:
25'
Land Use/Zoning:
C3A
Permitted Use:
Multifamily (5+), Retail
Taxes:
$17,442.4 / 2024
Roof:
Env Assmt Phase:
Yes
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
    Photo 1 of 3
  • Photo 2: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
    Photo 2 of 3
  • Photo 3: 1823-1825 W 4TH Avenue in Vancouver: Kitsilano Multi-Family Commercial for sale (Vancouver West)  : MLS®# C8065035
    Photo 3 of 3
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated January 22, 2025 at 01:10 PM (UTC)
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