Kitsilano mixed-use building sold for over $4M

The 3,000-square-foot retail and residential property sold for $620 per buildable square foot

By
for Western Investor
April 17, 2018





kitsilano retail
 
A Kitsilano retail and residential building has sold for over $4 million, Lee & Associates tells Western Investor
 
The mixed-use, two-storey building is approximately 3,000 square feet, including 1,500 square feet of retail space and a 1,500-sqaure-foot, two-bedroom residential unit. The property has a capitalization rate and an assessed value of $3.58 million. The site sold for $620 per buildable square foot. 
 
The property is located at 2166 W 4th Ave., Vancouver. 
 
 

Breakdown: 

 
Price: $4,075,000
Lot Size: 2,625 SF
Property Type: Retail 
Zoning: C-2B
2017 B.C. Assessment Value: $3,589,400
City: Vancouver   
Province: B.C. 
Name of Brokerage: Lee & Associates 
 

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Russell specializes in retail sales and leasing, joining Lee & Associates in 2014.

Lee & Associates Vancouver
#800 – 475 West Georgia Street
Vancouver, B.C. V6B 4M9
Office: 604-630-3059

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