1590-1594 KINGSWAY STREET Office FOR SALE


Vancouver, BC
$4,420,000 CAD
778-968-6991
, Vancouver, BC for Sale
$4,420,000 CAD
Office - FOR SALE
1/1
null | 4.9% Cap Rate

1590-1594 KINGSWAY STREET
Vancouver, BC


HIGHLIGHTS

  • Corner site with three contiguous lots totaling 7,167 square feet in a high-growth Vancouver neighborhood
  • Strong development precedent nearby with recent projects achieving FSRs of 3.7 to 3.8
  • Current improvements include 10 residential units, two retail storefronts, a vacant lot, and a revenue-generating billboard
  • Prominent location along Kingsway with convenient access to transit, retail, and community amenities
  • Excellent holding income with significant upside potential through redevelopment or repositioning

OVERVIEW

1590-1594 KINGSWAY & 4195 Perry St, Rare Kingsway Corner Lot !!! C-2 zoning can build up to 6-Storeys Commercial+Residential mix-use, recently applications are all FSR 3.7-3.8 across street. One of the fastest-growing residential hot spot of Vancouver. Current subject property consist of 3 lots totaled 7,167 sqft, 10 residential units with 2 street front retail units, one vacant lot on west and 1 billboard. Hold for investment, or build to own your legacy. Current gross income $155,000.00 Huge update potential to *NOI$ 216,787. Property Tour by appointment only.

ASK ABOUT THIS PROPERTY

Ann ZhangRoyal Regal RealtyMore Info
778-968-6991

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Ann ZhangRoyal Regal RealtyMore Info
778-968-6991

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