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FOR SALEEXCEPTIONAL KITSILANO INVESTMENT PROPERTY2077 WEST 4TH AVENUE, VANCOUVER, BC
Howard MalchyPersonal Real Estate CorporationD 604.895 2226 C [email protected]
Russell Long, BA, DULEAssociate | Investment PropertiesD 604.630.3059 C [email protected]
SUBJECT
FOR SALE | EXCEPTIONAL KITSILANO INVESTMENT PROPERTY2077 WEST 4TH AVENUEVANCOUVER, BC
West 4th shopping corridor
PROPERTY DETAILS
Legal Address 2077 West 4th Avenue, Vancouver, BC
PID 015-344-827
Legal DescriptionLOT 35, EXCEPT PORTIONS IN PLAN 3932 AND EXPLANATORY PLAN 13055, BLOCK 235 DISTRICT LOT 526 PLAN 590
Building Size +/- 3,229 SF plus 1,280 SF storage space
Site Size 2,775 SF | 25’ x 111’
Zoning C-2B zoning | 2.5 FSR potential
Property Taxes (2018) $26,974.00
Title Free & Clear
Stabilized Net Income Contact Agents
Asking Price $4,290,000
The OpportunityLee & Associates is pleased to present the opportunity to acquire 2077 West 4th Avenue, a mixed-use retail building located in the heart of Vancouver’s Kitsilano neighbourhood.
The Location OverviewThe Subject Property is strategically located mid-block on the north side of West 4th Avenue, between Arbutus Street and Maple Street, in the heart of Vancouver’s vibrant and trendy West 4th Avenue retail corridor.
Lined with over 300 unique shops and businesses, West 4th Avenue offers the city’s best selection of fashion, lifestyle and outdoor stores, incredible dining, and a wide variety of services. The convenient proximity to downtown Vancouver, Kitsilano Beach and The University of British Columbia, combined with the excellent exposure to vehicular and pedestrian traffic make this an ideal Investment opportunity.
Property Overview The Subject Property consists of one (1) legal lot with a total site area of 2,775 SF currently zoned C-2B and improved with a two-storey retail and residential building comprising of ±3,229 SF of leasable area.
Highlights f Rarely available West 4th Avenue shopping corridor property f Substantial rental upside on retail and residential spaces f World class views of English bay and Northshore mountains f Short term commercial lease in place; 1 residential unit vacant
Rear building loading and parking area
lululemon athletica (2101 West 4th Avenue) Hill’s Dry Goods (2081 West 4th Avenue)
Peak Golf (2077 West 4th Avenue)
Whole Foods Market (2285 West 4th Avenue)
leevancouver.com
Disclaimer: Although the information contained within is from sources believed to be reliable, no warranty or representation is made as to its accuracy being subject to errors, omissions, conditions, prior lease, withdrawal or other changes without notice and same should not be relied upon without independent verification. 0510 © 2019 Lee & Associates Commercial Real Estate (BC) Ltd. All Rights Reserved.
Demographics 1 km 3 km 5 kmPopulation 31,322 205,265 349,548Median Age 38.4 38.4 38.9Average HH Income $98,867 $99,754 $106,729Total Daytime Population 30,802 254,430 467,597
Source: Environics 2018
Building Size Units Size (SF) TotalResidential 2 807 SF 1,614 SFCommercial 1 1,615 SF 1,615 SFStorage space 1 1,280 SF 1,280 SFTotal 4 4,509 SF
89Bike Score
98Walk Score
76Transit Score
3 km TO DOWNTOWN
6 min
14 min
10 min
Downtown
KitsilanoBeach
West End Yaletown
25’
111’
Arbutus StW 4th Ave
Burrard St
475 West Georgia Street, Suite 800 | Vancouver, BC V6B 4M9 | 604.684.7117 | leevancouver.com
Russell Long, BA, DULEAssociate | Investment PropertiesD 604.630.3059 C [email protected]
Howard MalchyPersonal Real Estate CorporationD 604.895 2226 C [email protected]
