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1835 W 1st AVE Vancouver, BC V6J 5J1
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type Asset
MLS Listing ID C8081106
HOA Fees $471
Year Built 1995
Annual Tax Amount $4,219
Tax Year 2025
Property Sub-Type Retail
Property Description
Investor Alert! Excellent Kitsilano retail investment opportunity steps from Kits Beach. This 401 sq. ft. street-front unit offers strong exposure and pedestrian traffic in one of Vancouver's most vibrant neighbourhoods. Leased to Grab Glow Grow under a new 5-year lease generating net rent of $42,000 annually, with 3% yearly increases. Offered at $899,000, providing a 4.67% first-year return and projected 5.26% return by Year 5. The proposed redevelopment of the nearby former Molson Brewery site may further support future density, commercial activity and long-term value appreciation. Buyers must conduct their own due diligence and independently verify all details.
Location
State BC
Community Kitsilano
Area Vancouver West
Zoning CD-1 (305)
Exterior
Utilities Available Electricity Connected, Garbage Collection, Street Lighting, Sidewalk, Storm Sewer at Lot Line, City Water at Lot Line
Water Access Desc Public,City Water at Lot Line
Street Surface Paved
Building
Story 5
Sewer Public Sewer
Water Public, City Water at Lot Line
Others
Restrictions None Known,Restrictive Covenant
Ownership Freehold