$4,698,000

2025 W 4TH AVENUE, Vancouver BC V6J 1N3

Description

Own your storefront on West 4th Avenue, one of Vancouver’s most sought-after retail high streets. Strata Lot 17 offers 2,882.6 SF of ground-floor retail in the heart of Kitsilano, between Maple and Arbutus, with two secured underground parking stalls and a private washroom. The current tenant is month-to-month, providing flexibility for owner occupancy or a lease-up at an estimated market rent of $95+ PSF net resulting in a near 6% cap rate. The property has benefited from significant recent capital improvements, including a new main plumbing line and risers, new roof, courtyard waterproofing membrane, exterior repainting and parkade upgrades, with no immediate work identified in the depreciation report. The unit also features separately metered hydro, electric heat, a new hot water tank, two HVAC systems and 600-amp three-phase service with capacity for EV charging and heat pumps. Available individually or with adjacent 2029 West 4th Avenue for a total of 3,971.9 SF.

Location

2025 W 4TH AVENUE, Vancouver BC V6J 1N3

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