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2139-2147 Kingsway

27,494 SF 72% Leased Retail Building Vancouver, BC V5N 5A1 $5,569,250 USD ($203 USD/SF)

Retail Space British Columbia Vancouver 2139-2147 Kingsway, Vancouver, BC V5N 5A1

Investment Highlights

  • Stable cash flow
  • Repositioning potential
  • 100% interest in a stratified building

Executive Summary

Luk Real Estate Group is pleased to list this fully-stratified property containing 14 residential units (8 one-bedroom + 6 two-bedroom) and 4 retail units. The property is fully occupied and produces steady income for investors and developers. As the property consists of 18 strata lots and is 100% owned by one owner, this makes it the perfect for repositioning and provides multiple exit strategies. Under the existing C-2 zoning, the property can be redeveloped as a purpose-built rental building on it own with a density up to 3.50 FSR. If assembled, the property can be redeveloped for up to 3.70 FSR under the existing C-2 zoning. Adjacent to the property is a 6-storey mixed-use development that will deliver 101 Secured Market Rental units

Attachments

2139-2147 Kingsway Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
27,494 SF
Building Class
B
Year Built
1983
Price
$5,569,250 USD
Price Per SF
$203 USD
Percent Leased
72%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.34
Lot Size
0.27 AC
Zoning
C-2 - Commercial
Frontage
101 FT on kingsway

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 7,754 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 7,754 SF Retail - Now

1st Floor

Size
7,754 SF
Space Use
Retail
Position
-
Available
Now
1 of 1
Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (81)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Scotiabank
Royal Bank of Canada
TD Canada Trust
CIBC
Pho Hoa
White Spot
Save-On-Foods
Starbucks
Anytime Fitness
Club Pilates
(604) 662-2616

Contact

  • Listing ID: 30876073

  • Date on Market: 2/5/2024

  • Last Updated:

  • Address: 2139-2147 Kingsway, Vancouver, BC V5N 5A1

The Retail Property at 2139-2147 Kingsway, Vancouver, BC V5N 5A1 is currently available for sale. Contact Macdonald Commercial for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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2139-2147 Kingsway
(604) 662-2616 x

2139-2147 Kingsway

Kelvin Luk

(604) 662-2616

(604) 662-2616

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