A two-storey retail building has sold at the Southwest corner of Denman and West Georgia Streets in Downtown Vancouver. The building is 9,400 sq ft and tenants include the Running Room. The purchase price was $7,360,000, equating to $780 per sq ft.
David Taylor and Simon Lim of Colliers are pleased to present for sale 2116 West 41st Avenue, a 2-storey retail and apartment building located in the heart of Kerrisdale.
Key Features
- High-exposure retail and apartment property in the heart of Kerrisdale
- Stable, fully leased income producing property in affluent neighbourhood
- Opportunity to generate income and live and/or work in the building
- Six apartment units over two retail units
- Additional residual density creates renovation potential
- Asking price: $7,688,000
Contact us for further information, including a brochure.
108 & 116 East Broadway, two retail buildings located on the South side of Broadway near Main Street, have sold for a combined $4,900,000, representing a cap rate of approximately 3.0%. The properties are zoned C-3A, and have a site area totaling 9,520 SF, equating to a price per buildable sq ft of $157.00.
The buildings are currently occupied by a thrift store and a mattress store. The purchaser was a local private investor. The property had been listed with Cushman Wakefield.