Multifamily for Sale

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3357 W 4TH Avenue
Kitsilano Vancouver V6R 1N6

$2,498,000
Land Commercial, Multi-Family Commercial

Main Photo: 3357 W 4TH Avenue, Vancouver
Photo 1: 3357 W 4TH Avenue, Vancouver
Photo 2: 3357 W 4TH Avenue, Vancouver
Photo 3: 3357 W 4TH Avenue, Vancouver
Status:
Active
Prop. Type:
Land Commercial, Multi-Family Commercial
MLS® Num:
C8060937
Build. Type:
Freestanding
We are pleased to present the opportunity to acquire a boutique mixed-use building in Kitsilano with unobstructed frontage along West 4th Avenue. This property contains 4 residential units (4 one-bedrooms) 1 vacant retail unit, and a separate storage premises accessed through the lane. The property is perfect for owner-users seeking to occupy the retail premises and take advantage of the excellent exposure along West 4th Avenue or investors looking for a value-add opportunity or a chance to acquire a freestanding Kitsilano asset to hold for the long-term. The property's premium location and favourable existing zoning provides is suitable for many businesses and building typologies. Under the existing C-2 zoning, the property can be redeveloped as a purpose-built rental or a mixed-use condo building. If assembled to the corner, the property can be redeveloped for up to 3.70 FSR under the existing C-2 zoning.
Sale Type:
Asset
Construction:
Concrete, Wood Frame, Mixed
Building Type:
Freestanding, Low Rise (2-4 stories), Mixed Use
Name of Complex/Subdivision:
# Units:
4
# Other Units:
# of Apartments:
4
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
4
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
# Storeys:
2.0
Year built:
1910 (Age: 114)
Total Floor Area:
3,600 sq. ft.
Retail Size:
1,200 sq. ft.
Lot Area:
3,612 sq. ft.
Lot Depth:
112.9
Lot Frontage:
32'
Land Use/Zoning:
C-2
Permitted Use:
Multifamily (5+), Retail
Taxes:
$18,893.4 / 2023
Alarm System, Secured Building
Services Connected:
Electricity, Fully Serviced, Lane Paved, Sidewalk
Water Supply:
Municipal
HVAC:
Hot Water, Separate Water Heaters
Roof:
Sewer Septic:
Municipal/Community
Env Assmt Phase:
No
Cap Rate %:
Other Income:
Effective Gross Income:
Gross Income:
Oper. Expenses:
Net Operating Income:
Tot Gross Sales:
Condo Fee:
Previous Price:
Original Price:
  • Photo 1: 3357 W 4TH Avenue, Vancouver
    Photo 1 of 3
  • Photo 2: 3357 W 4TH Avenue, Vancouver
    Photo 2 of 3
  • Photo 3: 3357 W 4TH Avenue, Vancouver
    Photo 3 of 3
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated December 7, 2024 at 01:10 AM (UTC)
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