Office Purchase

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652 KINGSWAY
Mount Pleasant VE Vancouver V5T 3K4

$5,400,000
Land Commercial, Office

Front Elevation
Photo 1: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 2: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 3: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 4: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 5: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 6: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 7: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 8: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 9: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 10: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 11: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 12: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 13: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 14: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Photo 15: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
Status:
Active
Prop. Type:
Land Commercial, Office
MLS® Num:
C8042861
Build. Type:
Low Rise (2-4 stories)
Opportunity to own a building and enjoy rental income while waiting for redevelopment. Building is currently 100% leased/rented. The building is a 3 storey building , the main level is a 2 street front retail/office. 2-2 bedroom suite on second floor and 2-2 bedroom suite on the third floor. Additional suite at the back of the building. The property has the potential to be build up to a 3.0 FSR but also explicitly allow for mixed -used rental only development up to 3.5 FSR.
Sale Type:
Asset
Lease Type:
Gross
Sublease:
No
Total space avail for lease:
6,050 sq. ft.
Business Name:
NA
Construction:
Wood Frame
Building Type:
Low Rise (2-4 stories), Mixed Use, See Realtor Remarks
Name of Complex/Subdivision:
# Units:
5
# Other Units:
# of Appartments:
5
# of 2 Bedroom Appartments:
5
# Storeys:
3.0
Year built:
1914 (Age: 109)
Total Floor Area:
6,050 sq. ft.
Office Size:
1,850 sq. ft.
Minimum Divisible Area:
6,050 sq. ft.
Lot Area:
3,300 sq. ft.
Lot Depth:
100
Lot Frontage:
33'
Land Use/Zoning:
C-2C
Permitted Use:
Mixed Use
Taxes:
$15,065.1 / 2021
Other
Services Connected:
Electricity, Garbage Collection, Natural Gas, Sanitary Sewer, Sewer - Storm, Street Lighting, Sidewalk
Water Supply:
Municipal
HVAC:
Baseboard, Electric
Power Type:
Single Phase
Roof:
Sewer Septic:
Municipal/Community
Potential to Redevelop:
Yes
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: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Front Elevation
  • Photo 2: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Rear Elevation
  • Photo 3: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 2(1)
  • Photo 4: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 2(2)
  • Photo 5: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 2(3)
  • Photo 6: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 2 (4)
  • Photo 7: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 2(5)
  • Photo 8: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 3 (1)
  • Photo 9: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 3 (2)
  • Photo 10: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 4 (1)
  • Photo 11: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 4 (2)
  • Photo 12: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 4 (3)
  • Photo 13: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 4 (4)
  • Photo 14: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 4 (5)
  • Photo 15: 652 KINGSWAY in Vancouver: Mount Pleasant VE Land Commercial for sale (Vancouver East)  : MLS®# C8042861
    Suit 4 (6)
Listed by LeHomes Realty Premier
Data was last updated February 7, 2023 at 12:10 PM (UTC)
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