1041 Kingsway - Storefront FOR SALE


Vancouver, BC V5V 3C7
$5,699,000 CAD
604-662-5138
1041 Kingsway, Vancouver, BC for Sale
$5,699,000 CAD
Storefront - FOR SALE
1/3
null | Request Cap Rate

1041 Kingsway
Vancouver, BC V5V 3C7


HIGHLIGHTS

  • Highly visible Kingsway frontage with strong traffic counts.
  • 10,065 SF development land in a vibrant commercial corridor.
  • Favorable zoning (C-2 Commercial) with mixed-use redevelopment potential.
  • Existing retail structure providing income and flexibility for redevelopment planning.
  • Close proximity to downtown Vancouver and upcoming transit expansions.
  • Surrounded by a diverse mix of shops, restaurants, and services, supporting future demand.

OVERVIEW

This property at 1041 Kingsway offers a compelling opportunity for investors and developers in one of Vancouver’s most dynamic neighborhoods, Kensington-Cedar Cottage. The site features a single-story retail building of 6,488 SF and a generous 10,065 SF land parcel, creating potential for redevelopment in a highly visible and amenity-rich corridor. The property is zoned C-2 Commercial, providing flexibility and allowing for mixed-use development options, including up to 2.5 FSR for market condos and 3.5 FSR for rental units. Positioned along Kingsway, this location enjoys excellent exposure and robust traffic counts, with surrounding shopping, dining, and recreational amenities such as Sunnyside Park and Queen’s Plaza. It offers ease of access to major thoroughfares, public transportation, downtown Vancouver, and future transit expansions like the Main-Broadway Station. Current leases provide holding income while allowing adaptable structures to support future redevelopment plans. This asset delivers strong long-term value for stakeholders aiming to capitalize on Vancouver’s growth with a property that combines current income and significant upside for infill development.

FOR SALE DETAILS

PRICE

$5,699,000 CAD

PRICE/SF

$878 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,065 SF

ZONING

C-2

APN/PARCEL ID

015-627-659

ASK ABOUT THIS PROPERTY

604-662-5138

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

604-662-5138

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.