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2139 – 2147 Kingsway, Vancouver BC – SALE

Active - Price Reduced

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Unleash the potential of this fully-stratified mixed-use building. With 14 residential and 4 retail strata lots, this property offers stable cash flow and the chance to reposition the residential suites as individual condos or maximize rental income. Plus, with generous retail spaces that can be combined for larger premises, multiple exit strategies and even redevelopment opportunities await.

  • 100% interest in a stratified building – Unique opportunity to own a fully-stratified mixed-use building with 14 residential and 4 retail strata lots
  • Secure cash flow – Fully occupied with stable tenants, providing steady income
  • Repositioning potential – residential suites are condosized, providing an excellent opportunity to sell the units individually or increase to market rents
  • Retail exit strategies – Generously sized retail units with the flexibility to be combined for a larger contiguous premises, which will inevitably attract both investors and owner-users
  • Redevelopment potential – Current zoning of C-2 offers increased density for a purpose-built rental building and a further increase in density if assembled with the adjacent properties

About

Unleash the potential of this fully-stratified mixed-use building. With 14 residential and 4 retail strata lots, this property offers stable cash flow and the chance to reposition the residential suites as individual condos or maximize rental income. Plus, with generous retail spaces that can be combined for larger premises, multiple exit strategies and even redevelopment opportunities await.

features

  • 100% interest in a stratified building – Unique opportunity to own a fully-stratified mixed-use building with 14 residential and 4 retail strata lots
  • Secure cash flow – Fully occupied with stable tenants, providing steady income
  • Repositioning potential – residential suites are condosized, providing an excellent opportunity to sell the units individually or increase to market rents
  • Retail exit strategies – Generously sized retail units with the flexibility to be combined for a larger contiguous premises, which will inevitably attract both investors and owner-users
  • Redevelopment potential – Current zoning of C-2 offers increased density for a purpose-built rental building and a further increase in density if assembled with the adjacent properties
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* NOI stands for Net Operating Income. The data relating to real estate on this web site comes in part from the MLS Reciprocity program of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board. Real estate listings held by participating real estate firms are marked with the MLS Reciprocity logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of the Real Estate Board of Greater Vancouver or the Fraser Valley Real Estate Board.

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