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Small industrial strata unit sold for $680K

The 2,300-square-foot space sold for more than $200,000 above assessed value
kent ave dd
 
Price: $680,000
Lot Size: 1,150 SF
Property Type: Industrial 
2016 B.C. Assessment Value: $463,000
City: Vancouver 
Province: B.C.
Name of Brokerage: William Wright Commercial 
 
A light industrial strata unit in the Kent Avenue Business Park sold for $680,000, William Wright Commercial reports. 
 
The unit is two levels with a full floor legal mezzanine. This unit includes two parking spaces, one washroom on the lower level and one manual, roll-up, grade-level door for easy front loading. The main floor features a ceiling height of 9’3”. The same owner held the property since the building was first constructed in 1994. William Wright Commercial represented the purchaser, who acquired the unit for more than 200,000 above assessed value. The space is ideal for an owner-operated, William Wright said. 
 
The property is located at 116 1083 E Kent Ave., Vancouver. 
 
 
 

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