12000 sqft
$21,880,000
Retail strip mall on busy Kingsway near Nanaimo Street in the heart of Vancouver's Kensington-Cedar Cottage neigbourhood. High Exposure location with excellent visibility for retail spaces. Located within the boundaries of the Norquay Village Neigbourhood Centre Plan with rezoning possibility for development of mixed-used buildings up to 14 storeys at density of 3.8 FSR, subject to final approval of re-zoning application to City of Vancouver by buyer. Details of the policies and development parameters can be found under section 4.0 of the above-mentioned plan posted in City's official site (Vancouver.ca). All 9 retail units rented out to good tenants, lots of additional parking spaces available in underground garage level. Great investment opportunity. (id:48440)
Property Details
MLS® Number
|
C8032948 |
Property Type
|
Retail |
Building
Amenities
|
Street Lighting |
Constructed Date
|
1980 |
Fire Protection
|
Alarm System |
Size Interior
|
12000 Sqft |
Land
Acreage
|
No |
Size Irregular
|
20813 |
Size Total
|
20813 Sqft |
Size Total Text
|
20813 Sqft |
Zoning Description
|
C-2 |
Utilities
https://www.realtor.ca/real-estate/22072712/2257-2273-kingsway-vancouver