1/382668 W 4TH AVENUE, Vancouver
2668 W 4TH AVENUE, Vancouver, BC V6K1P7
$980,000 total
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Asset Class
Retail
Size
—
Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
95%
Year Built
1996
Lot Size
0.019168962350780534 ac
About this property
Welcome to the Heart of Kitsilano and the Cressy built "Star of Kitsilano" where businesses thrive and development in the area is adding many more residential and commercial spaces to this popular neighbourhood. Currently licensed as a "Play Cafe" and voted a Gold Star by BC Parent's magazine, this newly painted open space boasts big bright windows and is perfect for, kiddies activities, owner occupied enterprise and future investment potential. With great street traffic this 4 story mixed use building offers 15 retail storefronts and shares a pro active strata providing a well run complex. Showcase your business and enjoy the benefits of this vibrant Kits location. Business is not for sale but items used in the operations of the current business may be included. Immediate possession possible. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$62K
Annual cash flow
$8K
Cash-on-cash
2.56%
DSCR
1.14
Going-in cap
6.31%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
112,546
Households
40,202
Median income
$96,500
Median age
42.2
Daytime population
163,724
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2668 W 4TH AVENUE, Vancouver.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.