5,750 ft²Multifamily$4,150,000Sale
5,750 ft²
Multifamily
$4,150,000
Sale
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Corbel Commercial and Macdonald Realty are pleased to introduce a unique opportunity to acquire a 100% interest in a freestanding, 3-storey, 9-unit multi-family building, strategically located along West Broadway at Balsam Street in the heart of Kitsilano. This property boasts exceptional visibility and a prime location, located directly along an arterial transit route servicing UBC, in one of Vancouver's most desirable areas to live, at the doorstep of one of West Broadway’s main retail nodes with neighboring businesses and amenities that include Safeway, London Drugs, Connaught Park, Kitsilano Community Centre, Kitsilano Secondary and the Arbutus Greenway. This asset is an exceptional opportunity for investors looking for a strategically located income producing asset with exceptional rental upside. Please contact listing agents for further details.
The Space
Asking Price$4,150,000
Available Space5,750 ft²
NegotiableYes
Property UseMulti family
ZoningRM-4 Multiple Dwelling
SourceDirect
The Building
The area has consistently been chosen as "Vancouver's Best Neighbourhood" by Georgia Straight’s annual reader survey and is a popular world-class detstination for locals and tourists alike. The vibrant neighbourhood brings together a highly sought-after residential district, an exceptional collection of attractions and parks, a thriving commercial district all bordered by beaches and waterfront to the north. Kitsilano is home to several boutique fitness studios, acclaimed restaurants including East is East, Ramen Danbo, and Suika, and a thriving retail market including Lululemon, Patagonia, Arc'teryx and Reigning Champ. The neighbourhood has become established as the preferred destination for dining, fitness, and shopping on Vancouver’s West Side.
Property TypeMultifamily
Lot Size5,750 ft²
Up to $500K for British Columbia businesses
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