Kerrisdale Retail Building Sells for $4.51 Million
A streetfront retail building in Vancouver’s Kerrisdale Village has changed hands, with 2134 West 41st Avenue selling for $4,510,000.
The single-tenant retail property sits on a 3,354 SF lot (25′ x 134.15′) along West 41st Avenue, in the heart of Kerrisdale’s shopping and dining district between Maple and Larch Streets. The 2,648 SF building was fully leased to Tokyo Beauty, a Japanese homecare and cosmetics retailer, at the time of sale.
The property had been listed with an asking price of $4,888,000 by Marcus & Millichap’s Martin Moriarty, Mario Negris, and Tate Venier.
Kerrisdale continues to see steady investor interest in its low-rise, mixed-use commercial corridor, supported by the neighbourhood’s affluent demographics and status as a long-established Westside shopping destination.
Sale Details
- Sale Price: $4,510,000
- Price per Square Foot: $1,703/SF
- Building Size: 2,648 SF
- Lot Size: 3,354 SF
Own an retail property in Metro Vancouver? I can provide a confidential opinion of current market value. — David Taylor, Colliers · 604-761-7044
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